CPI basket of goods: Inflation calculation to include gin, lactose-free drinks, bike helmets and half-chocolate biscuits

British shoppers seem to be discovering a taste for gin, lactose-free drinks and bike helmets.

The Office for National Statistics on Tuesday updated its representative ‘basket of goods’ for measuring consumer price inflation, adding half-chocolate coated biscuits, flavoured water, gin and cycle helmets and ditching mentholated cigarettes, mobile phone handsets and single drainer sinks.

The ONS said that in 2017, 16 new items were added the basket, which is updated each year to make sure it accurately reflects British consumer spending patterns. Eleven were removed and eight were modified.

Consumer price inflation is the rate at which the

To see the full content, share this page by clicking one of the buttons below

Click here to Read from the source

x

Check Also

Runcorn FC Halton superfan flies family from China for visit

A football-mad family flew to the UK from China to watch the non-league side their ...

Shares