Petrol has always been in the basket and in 1947 cost just 2p a litre. Adjusted for inflation, that’s equivalent to around £1 today. According to the RAC, the average cost of a litre of unleaded in ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Howay the mangoes. After years, possibly decades, of injustice, the most popular fruit among Britons that ...

UK inflation as measured by the Consumer Prices Index increased 2.8% year-over-year in February, coming in below analyst ...

Virtual reality headsets will enter Britain's inflation data next month while classified newspaper print adverts will ...

It uses that to measure the rate of inflation, meaning how quickly prices are rising, for UK households. The basket is updated every year when some items are removed and others are added to get a more ...

The Office for National Statistics (ONS) maintains a "basket" of over ... maintaining the accuracy of inflation measurements, providing a real-time snapshot of the UK's economic landscape.

Simply sign up to the UK inflation myFT Digest -- delivered ... said the addition of VR headsets to the inflation basket pointed to Britons’ “appetite for emerging technology, while the ...

The inflation basket is updated once a year by the ONS to take account of the changing tastes and habits of UK consumers and to ensure the official yardstick of the cost of living is as accurate as ...

It uses that to measure the rate of inflation, meaning how quickly prices are rising, for UK households. The basket is updated every year when some items are removed and others are added to get a ...