Regulation 2 Inflation IndexI1

The index of prices to which the Department is required by Articles 4(11)(a)(i) and (b)(i) of the 2005 Order to have regard in satisfying itself that any increase to the basic and higher amounts is no greater than is required to maintain the value of the amount in real terms, is the All Items Retail Prices Index Excluding Mortgage Interest Repayments published by the Office for Budget Responsibility.