Tuesday, 31 March 2009

Rosé Wine Used to Measure Inflation

The Office of National Statistics(ONS) has updated the 650 items and services to better reflect what people are spending their money on. Their new basket of goods has been used to calculate the Retail Price Index. It is a main measure of inflation and among the other additions to the basket is Rosé wine, where sales have soared on the back of demand from women looking for a lighter alternative to red.

Also new to the basket are Rotisserie chicken, Parmesan cheese, free range eggs (the first time battery eggs have not been included since 1947), individual yoghurt, fresh double cream, plums and nectarines, and chilled ready meals.

Items thrown out of the basket were frozen imported lamb chops, imported Cheddar, battery eggs, single cream and peaches.

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