To calculate inflation, the ONS uses a typical basket of goods to work out the rate at which costs are rising – but the average doesn’t reflect most people’s experience. Restaurants have a strong weighting on inflation, but really they have little impact on elderly people who don’t leave the house. Meanwhile cigarettes have a weak influence on the score, but tell that to the chainsmoker who buys a pack a day.

Inflation
- Post author:isev-admin
- Post published:March 24, 2025
- Post category:Humans behind the data
- Post comments:0 Comments
Tags: Polling