MoneyWeek10mon
ONS reshuffles the inflation basket of goods – what are we buying and what have we ditched?
The basket of goods that is used to calculate consumer price inflation by the Office for National Statistics (ONS) has been updated. And it’s official, air fryers are in. While the current rate ...
THE WEEK3y
New ONS ‘price inflation basket’ reveals pandemic shopping changes
The Office for National Statistics (ONS) has added handwash, loungewear and home exercise kit to its “shopping basket” of goods used to calculate the UK cost of living, in a sign of how ...
What is inflation? Rate unexpectedly drops to 2.5% in December
According to the Office for National Statistics (ONS), which determines the inflation rate, prices increased 2.5 per cent in the year ending in December, down from 2.6 per cent in the previous month.