Calculating the consumer price index is based on a basket which includes all goods and services that are relevant components of consumption in Germany. The basket is continuously updated in order to ...

To calculate inflation, the ONS uses a typical basket of goods to work out the rate at which the cost of goods and services are rising. To do that, it looks at what households are buying.

The first is the System of National Accounts (SNA) definition of final expenditures on GDP. The second is the basket of goods and services from which items are selected for pricing: the priced items ...

This basket of goods reflects contemporary habits ... The ONS also aims to ensure that each sector of goods and services, and where items are bought, are reflected adequately in the calculations.