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1 minute read
It’s time to compete
lion) Inflation Reduction Act and the European Union’s Green Deal Industrial Plan, both of which included measures boosting EV production.
ALCOPOPs and CDs have been dropped from the monthly update of the cost of living in Britain.
Together with compact digital cameras, they are no longer included in the ONS’ typical shopping basket which is used to measure the annual inflation rate.
The Office for National Statistics (ONS) has dropped them following its annual review of spending habits in the UK which takes into account changing tastes and habits while ensuring that the official cost of living yardstick is as accurate as possible.
The three items were replaced by electric bicycles, frozen berries for making smoothies, and home security devices.