UK's ONS overhauls inflation measurement using 300M supermarket price points, targeting better insights by 2026.

The UK's Office for National Statistics (ONS) is overhauling its inflation measurement by analyzing around 300 million price points from supermarket scanners, covering about half of all grocery transactions. This new method aims to better understand consumer behavior and identify emerging price trends more quickly, particularly focusing on the impact on lower-income households. Full implementation is set for 2026.

2 months ago
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