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Sat nav gives way to Spotify in UK inflation calculations

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The basket of services and goods used to calculate UK inflation has been given its official update, with e-cigarettes and craft beer in but sat navs and yoghurt drinks out. The Office for National Statistics uses the basket to calculate how much prices in the UK are going up or down, but the annual update also serves as a window on consumer trends. The web continues to revolutionise consumer behaviour, with streaming music services such as Spotify joining the basket for the first time along with online computer games. Sat nav systems are out because many drivers now use smartphone apps. In food and drink, protein powder joins the basket, as does liver, reflecting the rising popularity of offal. Craft beer is added at a time when brewing is booming: applications to open breweries have tripled in the past five years.

 

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