Main menu For students For teachers Explore our subjects Student events & courses

Explore

More for students
Sign in

Teaching Economics

In the News

Changes to the CPI Basket for 2017

Geoff Riley

15th March 2017

Share this content:

Gin, cycle helmets, jigsaws, lactose-free drinks and base layer clothing is in whilst spirit-based drinks, brake pads, children's swings and the fee for stopping a cheque are out. The annual re-calibration of the basket of goods and services used to calculate the consumer price index has been made and it seems that fitness conscious middle-aged people who dabble in Yakult are having even more of an effect on official inflation that I thought.

Find out all of the details here from the ONS web site

Share this content:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

You might also like

In the News Teaching Activity – How worrying is the recent increase in inflation? (Jan 2026)

26th January 2026

CPI Basket 2025: What’s In, What’s Out & Why It Matters!

18th March 2025

In the News Teaching Activity – How lower-than-expected inflation affects people (Oct 2024)

28th October 2024

In the News Teaching Activity – inflation remains at 2.2% but core inflation is up (Sept 2024)

23rd September 2024

IB Economics - Inflation, Disinflation and Deflation

Study Notes

In the News Teaching Activity – is UK inflation going to stay in its target range? (June 2024)

24th June 2024

In the News Teaching Activity – with inflation back in its target range, is the cost-of-living crisis over? (May 2024)

30th May 2024

Changing Consumer Price Index - What is in and what is out for 2024?

11th March 2024