Concern that rising inflation is having a disproportionate impact on people in poorer households in the UK has prompted government number crunchers to provide a more detailed breakdown of the cost of living.
The Office for National Statistics said it accepted that every person had their own inflation rate and it would do more to capture the impact of price increases on different income groups.
Mike Hardie, the head of inflation statistics at the ONS, said ina blog the published annual inflation rate – currently 5.4% – was an average for all households. “But everyone has their own personal inflation rate. Some people may spend a larger proportion of their income on gas and electricity, or petrol if you commute via car daily.”
The move was welcomed by the food writer and activist Jack Monroe,who hasexposed how prices for cheaper food products have soared as availability fell, contributing to rising hunger and poverty.
Monroe, who is drawing up an inflation index to track basic food prices, tweeted: “Delighted to be able to tell you that the @ONS have just announced that they are going to be changing the way they collect and report on the cost of food prices and inflation to take into consideration a wider range of income levels and household circumstances.”
<p lang=«en» dir=«ltr» xml:lang=«en»>Delighted to be able to tell you that the @ONS have just announced that they are going to be changing the way they collect and report on the cost of food prices and inflation to take into consideration a wider range of income levels and household circumstances Read more on theguardian.com