Consumer Price Index (United Kingdom) - Side-effects of CPI

Side-effects of CPI

The basket of goods and services chosen reflects changes in society's buying habits. For example, on 23 March 2009, rosé wine and takeaway chicken were added to the basket, whereas volume bottled cider and boxes of wine were removed. Also, organisations may justify price rises saying they are "below the rate of inflation"

Read more about this topic:  Consumer Price Index (United Kingdom)