Release
Consumer price inflation basket of goods and services: 2016
Release date:
15 March 2016 9:30am
Summary
The ‘shopping basket’ of items making up the suite of consumer price inflation indices (CPI, CPIH, RPIJ and RPI) are reviewed every year. Some items are taken out of the basket, some are brought in, to reflect changes in the market and to make sure the indices are up to date and representative of consumer spending patterns. This article describes the review process and explains how and why the various items in the inflation baskets are chosen.
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About the data
Accredited Official Statistics
These are accredited official statistics. They have been independently reviewed by the Office for Statistics Regulation (OSR) and found to comply with the standards of trustworthiness, quality and value in the Code of Practice for Statistics. This broadly means that the statistics:
- meet user needs
- are presented clearly and accessibly
- are produced using appropriate data and sound methods
- are managed impartially and objectively in the public interest