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| Version 0 | Version 1 |
|---|---|
| Inflation basket: E-books added by ONS | Inflation basket: E-books added by ONS |
| (35 minutes later) | |
| E-books have been added to the basket of goods used to calculate the UK's rate of inflation, but Freeview set-top boxes are out. | E-books have been added to the basket of goods used to calculate the UK's rate of inflation, but Freeview set-top boxes are out. |
| The latter has been replaced in the basket by digital television recorders, signalling the changing face of technology. | The latter has been replaced in the basket by digital television recorders, signalling the changing face of technology. |
| The Office for National Statistics (ONS) updates the basket each year so the contents accurately reflect current trends in spending. | The Office for National Statistics (ONS) updates the basket each year so the contents accurately reflect current trends in spending. |
| The basket contains about 700 items. | The basket contains about 700 items. |
| Some 180,000 individual prices are collected from 150 areas of the UK each month to calculate the rate of inflation and outline the changing cost of living. | Some 180,000 individual prices are collected from 150 areas of the UK each month to calculate the rate of inflation and outline the changing cost of living. |
| In January, the Consumer Prices Index (CPI) measure of inflation stood at 2.7% for the fourth month in a row, and the Retail Prices Index (RPI) was at 3.3%. | In January, the Consumer Prices Index (CPI) measure of inflation stood at 2.7% for the fourth month in a row, and the Retail Prices Index (RPI) was at 3.3%. |
| Bubbly loses fizz | |
| The rise of digital readers, such as Kindles, is reflected in the changes made by the ONS. In recent years, the rapid change in the use of technology has been one of the key factors in the inflation basket review. | |
| Digital television recorders are added for the first time, following the digital switchover. | |
| Consumers' changing eating and drinking habits are also shown in the latest changes - and nod to a shift towards healthy eating and busy lives. | |
| Blueberries and packaged stir-fry vegetables have been added to the basket, alongside charcuterie and hot chocolate. | |
| The ONS said that the spirits drunk by younger people were reflected with the addition of white rum from off-licences, but some sales of champagne have been withdrawn because the amount of bubbly drunk continues to fall. |