Archives for UK Econimics

Office for National Statistics Release The Shopping Basket Report for Measuring Inflation…

Reusable bottles and gluten-free cereals are in, as ONS updates the inflation basket… Commenting on this year’s basket of goods, ONS senior statistician Philip Gooding said: “This year we have added reusable bottles and mugs to the inflation basket, as there has been a rise in popularity with many consumers looking to decrease their environmental impacts. “It is important to remember that these annual changes are only a small percentage of the overall basket. This year we’ve added 16 items, removed 14 and modified 4, while leaving 702 unchanged. “Decisions on changes to the basket depend, among other issues, on
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