What’s in your basket?

pexels photo

 

shopping basket

The “basket of goods” began life in 1947, as a sample of everyday items that could be used to measure changes in the prices of goods and services. This was – and still is – used to help calculate consumer price inflation i.e. the rate at which the prices of goods and services bought by households rise or fall.

But the basket is not just a lesson in economics, its a measure of changing social trends. Read our article “Whats in your basket” in the latest issue of iNsight magazine to find out more.

 

the web designer group uk
the web designer group logo

Close Button

Web Site Designed by

The Web Designer Group