CPI basket of goods: Inflation calculation to include gin, lactose-free drinks, bike helmets and half-chocolate biscuits

Other new additions in 2017 include non-dairy milk drinks, a four-pack of apple cider, men’s base layer tops, the average council bill in Britain, cough liquid, a child’s scooter and a jigsaw

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British shoppers seem to be discovering a taste for gin, lactose-free drinks and bike helmets.

The Office for National Statistics on Tuesday updated its representative ‘basket of goods’ for measuring consumer price inflation, adding half-chocolate coated biscuits, flavoured water, gin and cycle helmets and ditching mentholated cigarettes, mobile phone handsets and single drainer sinks.

The ONS said that in 2017, 16 new items were added the basket, which is updated each year to make sure it accurately reflects British consumer spending patterns. Eleven were removed and eight were modified.

Consumer price inflation is the rate at which the prices of goods and services bought by households rises or falls. The ONS uses the metaphorical shopping basket to collect a sample of prices for a selection of goods and services that they deem representative  in a range of UK retail locations including the internet.

That way it aims to “avoid potential biases that might otherwise develop over time, for example, due to the development of entirely new goods and services, or the tendency for consumers to move away from buying goods and services which have risen relatively rapidly in price and to goods and services whose prices have fallen”.

Other new additions in 2017 include non-dairy milk drinks, a four-pack of apple cider, men’s base layer tops, the average council bill in Britain, cough liquid, a child’s scooter and a jigsaw.

Items ditched from the basket include spirit-based drinks, brake pads, a child’s swing and the fee for stopping a cheque, which the ONS said reflects a fall in cheque usage.

Basket of goods: what's in and what's out?

In: Almond Milk

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Non-dairy milk drinks have been added reflecting the distinct and growing market for ‘Free From’ foods

 

Out: Bottled apple cider

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Bottled apple cider has been replaced by two items: canned apple cider and bottled flavoured cider

 

In: Child's scooter

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The addition aimed to address 'to improve coverage of outdoor play equipment in the winter months'

 

Out: Child's swing

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The change reflected poor availability in winter months

 

In: Bike helmet

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Added due to the growing popularity of cycling

 

Out: Brake pads

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Brake pads will now be included in the 'spare parts' category

 

 

 

 

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