Explanations
Meet the CPI Foot Soldiers
Graham Watson
14th February 2017
With CPI inflation climbing to 1.8% in January, the highest since June 2014, this is a timely and excellent Katie Allen piece looking at the simple mechanics behind inflation figures, highlighting how the data is collected across the UK.
As she notes: "This week’s number, as in every month, will be based in part on 100,000 prices for about 520 items harvested by price collectors in 150 places."
You might also like
Inflation and Deflation (Revision Presentation)
Teaching PowerPoints
Inflation - Measuring Inflation
Study Notes
Changes to the CPI Basket for 2017
15th March 2017
CPI and CPIH Measures of Inflation
22nd March 2017
CPIH Inflation
Study Notes
