Living correspondent cost

Some people may use yoga mats and virtual reality headsets to mentally escape from daily pieces, but now statistics are using them to chart the increasing cost of life.
Both items have made their way into the basket of goods and services used by the National Statistics (ONS) by the office to calculate inflation.
The basket has 752 items. ONs collects the cost of these products and services in many different retailers to come up with data of monthly inflation.
That figure is currently showing Prices increase by 3% per yearAn important economic remedy affects the cost of borrowing – interest rates – as well as increase in profit and pension or salary talks.
Changes reflect our lifestyle
The content of this huge basket of goods and services is reviewed every year to ensure that it gives an accurate cross-section and waiting of our spent data.
But whatever is added or removed also gives us an attractive insight into our changing tastes, trends and lifestyle.
For example, Wild Rabit was an item included in the first list of 1947. The tea bag made it only until 1980.
This time, 23 items have been added and 15 are removed from the baskets.
Stephen Burges from ONS said: “Our inflation basket of goods shows how consumer expenses have developed over years.
“For the first time, apart from virtual reality headset, it reflects our hunger for emerging technology. Yoga mats are also limited as a new addition due to their increased popularity since the epidemic.”

ONS said the expenditure on VR headset had increased from £ 347m last year to £ 520m by 2029.
Meanwhile, exercise mats were not only used for yoga, but also for other types of domestic workouts.
Men’s sliders, or pool sandals have also been added. The drawn Pork has also replaced an oven-taiyar gammon joint.
Mango is an additional for the selection of fruit, and cushions are to increase the underprated area of soft lounge accessories.
On the other side of the laser, a reflection of the falling circulation and prominence of newspapers means that advertisements in the local rip have been removed.
ONS said that many of these pitches were now found on online platforms.
Last year, Vinyl record returned after 30 years of absenceThe Air Fire was also added, but the hand sanitiser – Kovid should be one of the years – was taken out.