Assessing potential changes in retail costs 2015-2020 - Water UK
Assessing potential changes in retail costs 2015-2020 - Water UK
Assessing potential changes in retail costs 2015-2020 - Water UK
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First Economics—––—–—–—–—–—–—–—–—–—–—–—–—–—–—–—–—–—–—–—–—–———–—–—–—–—–—–Figure 5.3: Selected RPI componentsSource: ONS.The charts show that the selected SPPI <strong>in</strong>dices grew by between 15% and 35% over a 12-year period. The selected RPI <strong>in</strong>dices grew by between 65% and 80%.5.3 ConclusionsOnce aga<strong>in</strong>, the precise numbers here are not especially important. What matters is that allof the comparator <strong>in</strong>dustries have seen <strong>costs</strong> escalate over time by a non-trivial amount.This re<strong>in</strong>forces the expectation that there will naturally be an escalation <strong>in</strong> water <strong>retail</strong> <strong>costs</strong>.22