MoneyWeek11mon
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 ...
Stats SA reshuffles the inflation basket: What’s in and what’s out?
The products in the basket are updated periodically to better reflect shifts and trends in consumer spending. Product weights ...
Investopedia1mon
What Is the Consumer Price Index (CPI)?
The Bureau of Labor Statistics (BLS) calculates the CPI as a weighted average of prices for a basket of goods and services representative of aggregate U.S. consumer spending. The CPI is a measure ...
businesstech.co.za9d
Important changes to South Africa’s inflation basket
In a periodic review, South Africa’s statistics agency lowered the weight of housing in the basket of goods used to calculate the consumer price index to 24.1% from 24.5%. Even so, it remained ...
BBC3mon
UK inflation rate: How quickly are prices rising?
This virtual "basket of goods" is regularly updated to reflect shopping trends, with vinyl records and air fryers added in 2024, and hand sanitiser removed. The ONS monitors price changes over the ...