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 ...
"The addition of virtual reality headsets for the first time shows our appetite for emerging technology, while the loss of printed newspaper adverts demonstrates a continuing shift towards the online ...
The virtual basket contains over 700 carefully selected items representative of the goods and services that consumers ...
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 ...
Items added and removed from the basket of goods used to calculate inflation give an insight into current fashions.
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.
The numbers that influence your spending, wages, rent, mortgages and even how you vote are being updated. The Office for ...
Assuming inflation remains steady, it then shows the value your savings will lose in real terms due to inflationary price increases. The calculator will also show you what the cumulative impact of ...
The average UK household is set to pay around £660 more per year, but support is available (and you can still try to make ...
With a price spike so severe it was dubbed a cost-of-living crisis a recent memory, people are understandably concerned inflation is about to roar back.
It is just a coincidence that the week the editor asked me to explain to readers why my savings are all in cash coincided ...