National Statistics Online - Articles - Consumer Price Index and Retail Price Index: The 2009 Basket of Goods and Services
Articles Database
Consumer Price Index and Retail Price Index: The 2009 Basket of Goods and Services
Details of the shopping basket used in 2009 to compile the CPI and RPI
Author: Philip Gooding
Economic & Labour Market Review, vol 3, no 4, pp 37-42. ISSN: 1751-8334
The 'shopping basket' of items making up the Consumer Prices Index (CPI) and Retail Prices Index (RPI) are reviewed every year. Some items are taken out of the basket, some are brought in, to reflect changes in the market and to make sure the CPI and RPI are up to date and representative of consumer spending patterns. This article describes the review process and explains how and why the various items in the CPI and RPI baskets are chosen. The contents of the CPI and RPI baskets for 2009 are summarised in Annexes A and B, and the main changes from the 2008 price collection are discussed.
Download
