Exercise mats, pre-cooked pulled pork and VR headsets have all been added to the basket of goods used to calculate inflation, the Office for National Statistics confirmed on Tuesday.
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Items added and removed from the basket of goods used to calculate inflation give an insight into current fashions.
Stephen Burgess, the ONS’s deputy director for prices, said: “The addition of virtual reality headsets for the first time shows our appetite for emerging technology, while the loss of printed ...
Commodity-related stocks, oil prices and gold are rallying, with Antofagasta and Glencore among top gainers in the FTSE 100.
The basket, featuring more than 700 items, is closely watched for the insights it offers into the habits of UK consumers.
The virtual basket contains over 700 carefully selected items representative of the goods and services that consumers typically spend their money on.
Netflix subscriptions have been given a greater weighting in the basket of goods used to calculate the UK’s inflation rate, as households spend more money on streaming services and less on DVD rentals ...
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The Office for National Statistics said its inflation basket of goods show how consumer spending has evolved over the years.
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