Quiche in, camcorders out in UK's new inflation basket

Cornelia Mascio
Marzo 13, 2018

Quiche and women's exercise leggings have been added to the basket of goods that Britain uses to calculate inflation, but camcorders are out, the country's statistics agency said on Tuesday.

"Every year we add new items to the basket to ensure that it reflects modern spending habits", said ONS senior statistician Philip Gooding.

Other changes to the basket, which is compiled by the Office for National Statistics, reflect changes in technology over the years.

The basket must be kept relevant because the prices gathered on products and services are used to establish the official consumer prices index of inflation used by the Bank of England to set interest rates and by the...

To ensure that the items sampled and weight they each have closely reflect the spending habits of United Kingdom households, the ONS uses its own Living Costs and Food Survey, information from the national accounts and intelligence from private sector analysts.

Other food items added to the basket in 2018 include raspberries and pre-prepared mashed potato. "We also update the weight each item has to ensure the overall inflation numbers reflect shoppers' experiences of inflation". Thirty years ago dried mashed potato was dropped.

Adult-supervised soft play sessions have been introduced to the basket for the first time, while children's sit and ride toys replace tricycles as the latter is dropped due to reduced availability in shops.

Action cameras and digital media players have also been included in the new basket.

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