Consumer Price Inflation Basket of Goods and Services: 2015
The ‘shopping baskets’ of items used in compiling the various measures of consumer price
inflation are reviewed each year. Some items are taken out of the baskets and some are
brought in to make sure the measures are up to date and representative of consumer
The 'shopping basket' of items making up the suite of consumer price inflation indices (CPI, CPIH, RPIJ & RPI) are reviewed every year. This article describes the review process and explains how and why the various items in the inflation baskets are chosen.