Inflation being tracked in the UK with vinyl records


The Office of National Statistics is now including LPs in its shopping basket' to follow inflation:

https://archive.is/20240311094928/https://www.thetimes.co.uk/article/vinyl-records-and-air-fryers-added-to-ons-inflation-basket-wjgq0np0q

dogberry

Showing 1 response by lewm

Conspiracy theories are in conflict. Causes of inflation are very complex but cost of vinyl certainly is not a metric. In the US, costs of food, housing, and energy most certainly are used to calculate the inflation rate.

https://www.brookings.edu/articles/how-does-the-government-measure-inflation/#:~:text=The%20government%20measures%20inflation%20by,and%20services%20to%20previous%20prices.