Summary

The third in a series of biannual articles to update users on our research to modernise the measurement of consumer price inflation in the UK.

Publications

• Introducing alternative data into consumer price statistics: aggregation and weights

  Plans to incorporate new data sources and methods into the structure of UK consumer price indices from 2023, including changes to the existing hierarchy and methods of weighting different strata.

• Product grouping: measuring inflation in dynamic clothing markets

  Clothing indices can be downwardly biased because of products rapidly entering and exiting the market. Traditional methods that account for these biases cannot be replicated with our large, web-scraped datasets. This article explores a new method - product grouping.

• Research and developments in the transformation of UK consumer price statistics: November 2021

  The third in a series of biannual articles to update users on our research to modernise the measurement of consumer price inflation in the UK.

Contact details

Changes to this release date

1. Previous date

   28 October 2021 9:30am

   Reason for change

   This release has been postponed to coincide with the Transformation of Consumer Price Statistics article and associated media.