UK Consumer Price Inflation Basket of Goods and Services 2014

The 2014 'shopping basket' of items used to calculate the UK's consumer price inflation indices (CPI, CPIH, RPIJ & RPI). The Office for National Statistics reviews this basket annually, adding and removing items to reflect market changes and ensure indices represent current consumer spending patterns. This dataset likely contains the list of goods and services included in the 2014 review.

Use Cases

• Analyze changes in consumer spending patterns based on the annual basket review process described.
• Model inflation indices by understanding the composition of the representative basket of goods and services.
• Study the methodology for selecting items to ensure indices are up to date and representative.

Strengths

• Produced by the Office for National Statistics, a designated National Statistics authority.
• Describes the annual review process for a key economic indicator, ensuring methodological transparency.
• Released under the OGL-UK-3.0 license, facilitating reuse.

Limitations

• Column-level documentation is absent; field semantics must be inferred after download.
• Row count is unknown, which may limit suitability assessment.
• The description is an article about the review process; the exact data format and content require inspection.

Provenance

Source

Office for National Statistics

Collection Method

Annual review process to reflect market changes and consumer spending patterns.

Time Range

2014

Freshness

Last updated 2026-07-08 13:33:16.691178; freshness should be verified.

Geography

United Kingdom