ONS unveils list of goods added to official inflation basket

The Office for National Statistics has published a list of goods that have been added to its inflation basket for the first time.

17 Mar 2017

The Office for National Statistics (ONS) has published a list of goods that have been added to its inflation basket for the first time.

Non-dairy milk, gin, jigsaw puzzles for adults and children’s scooters are amongst the items that have been included in the basket of goods used to measure the UK’s inflation rate.

However, following the rise in popularity of smartphones, basic mobile phone handsets have been removed from the basket, along with children’s swing sets and fees for stopping cheques.

The ONS reviews the inflation basket annually in order to accurately reflect the lifestyle of the average consumer in Britain and changes in the market. The basket is now thought to contain around 700 goods and services.

The price movements of these goods and services are measured in 20,000 outlets within the UK so that the appropriate rate of inflation can be calculated.

Commenting on the process, Phil Gooding, Senior Statistician at the ONS, said: ‘The annual basket review enables us to keep up to date with all the latest trends, ensuring our inflation measures reflect the changing costs experienced by consumers.’

Quick Links

Home | Contact us | Accessibility | Disclaimer | Help | Site map |

© 2018 Blue Spire Limited. All rights reserved.

We use cookies on this website, you can find more information about cookies here.

Contact Chichester Office

Tel: +44 (0)1243 781234
Fax: +44 (0)1243 791770
Email: chichester@bluespiregroup.com


Contact Brighton Office

Tel: +44 (0)1273 739533
Fax: +44 (0)1273 732844
Email: brighton@bluespiregroup.com

Chichester Address
Cawley Priory, South Pallant, Chichester, West Sussex PO19 1SY

Brighton Address
5th Floor Intergen House, 65-67 Western Road, Hove, East Sussex BN3 2JQ

Blue Spire Limited is Registered to carry out audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales C004152645. Professional indemnity insurance is provided by Royal & Sun Alliance Insurance Plc 9th Floor, One Plantation Place, 30 Fenchurch Street, London, EC3M 3BD and its territorial coverage is worldwide (excluding United States/Canada).
Blue Spire Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. FSA register https://www.fca.org.uk/register reference 566257. This guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at customers based in the UK