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The basket of goods and services is used to calculate inflation, but what do the items inside tell us about our changing lifestyles?
The basket of goods is used to measure the UK’s rate of inflation and reflect changing tastes. Other entries were ready-to-use noodles and pre-cooked pulled pork — replacing gammon joints.
(Reuters) - Virtual reality headsets will enter Britain's inflation data next month while classified newspaper print adverts will disappear in an annual shake-up of the basket of goods and ...
Simply sign up to the UK inflation myFT Digest -- delivered ... In its annual update to the basket of goods and services that tracks price growth, the Office for National Statistics added 23 ...
Items added and removed from the basket of goods used to calculate inflation give an insight into current fashions.
The Office for National Statistics has a so-called “basket” of more than 750 goods and services ... the rate of inflation, meaning how quickly prices are rising, for UK households.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Howay the mangoes. After years, possibly decades, of injustice, the most popular fruit among Britons that ...
British grocery price inflation edged higher in March, industry data showed on Tuesday, putting more pressure on consumers' ...
The Bureau of Labor Statistics (BLS) calculates CPI inflation by gathering spending data from tens of thousands of regular consumers around the U.S. It tracks a basket of commonly purchased goods ...
Both items have made their way into the basket of goods and services used by the Office for National Statistics (ONS) to calculate inflation. The basket contains 752 items. The ONS collects the ...