E-cigs, Spotify, and craft beer added to key UK economic tracker
Every year, the UK’s Office for National Statistics (ONS) compiles a “basket of goods” that’s used to measure the country’s rate of inflation. Although this virtual shopping trip (officially known as the Consumer Price Index or CPI) has a serious use, it also provides an informal insight into UK consumers’ changing tastes. This year, for example, e-cigarettes, Spotify, and craft beer were among the new additions, while sat-nav units were dropped “because many drivers now navigate using smart phones.”
“With the decrease in the popularity of traditional media, music streaming services — such as Spotify — are being included for the first time, as are online console computer games subscriptions,” said the ONS in a press release, “In…
Source:: The Verge