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Economics

Student Videos

Inflation - The Changing CPI Basket

Level:
AS
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

This short video looks at changes to the consumer price index which is used to calculate the annual rate of inflation for the UK economy. In 2015-16, coffee pods and music downloads were added but nightclubs and cooked slice turkey was discarded?

The changing consumer price index basket

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