Cost-of-living crisis: Jack Monroe hails ONS update of inflation calculations

the latest tech news, global tech news daily, tech news today, startups, usa tech, asia tech, china tech, eu tech, global tech, in-depth electronics reviews, 24h tech news, 24h tech news, top mobile apps, tech news daily, gaming hardware, big tech news, useful technology tips, expert interviews, reporting on the business of technology, venture capital funding, programing language

Photograph: Kathy deWitt/Alamy

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 latest tech news, global tech news daily, tech news today, startups, usa tech, asia tech, china tech, eu tech, global tech, in-depth electronics reviews, 24h tech news, 24h tech news, top mobile apps, tech news daily, gaming hardware, big tech news, useful technology tips, expert interviews, reporting on the business of technology, venture capital funding, programing language

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 in a 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.”

Global Tech News Daily

The move was welcomed by the food writer and activist Jack Monroe, who has exposed how prices for cheaper food products have soared as availability fell, contributing to rising hunger and poverty.

Related: We’re pricing the poor out of food in the UK – that’s why I’m launching my own price index | Jack Monroe

Global Tech News Daily

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.”

To view this content, you’ll need to update your privacy settings.Please click here to do so.

Writing in last week’s Observer, Monroe said: “In 2012, 10 stock cubes from Sainsbury’s Basics range were 10p. In 2022, those same stock cubes are 39p, but only available in chicken or beef. The cheapest vegetable stock cubes are, inexplicably, £1 for 10.

“Last year the Smart Price pasta in my local Asda was 29p for 500g. Today it is unavailable, so the cheapest bag is 70p; a 141% price rise for the same product in more colourful packaging.”

Terry Pratchett’s estate has authorised Monroe to use the Vimes Boots index as the name of the new price index, which is intended to document the “insidiously creeping prices” of basic food products.

Related: Terry Pratchett estate backs Jack Monroe’s idea for ‘Vimes Boots’ poverty index

The index, Monroe said, would be called the Vimes Boots index in honour of Pratchett’s creation Sam Vimes, who in the Discworld novel Men at Arms lays out the “Sam Vimes ‘Boots’ theory of socioeconomic unfairness”.

The author’s daughter, the writer Rhianna Pratchett, said her father would have been proud to see his work used in this way by the anti-poverty campaigner.

The ONS previously published a more detailed breakdown of inflation but it was suspended during the Covid pandemic because so many items were unavailable. During the previous economic downturn, the financial crisis of 2008-09, when inflation also surged, the ONS said poorer households were more severely affected.

“Given the level of interest in the cost of living and inflation we are planning to restart this series,” Hardie said.

Over the longer term, he added, the ONS was “transforming” the way it measured prices in order to understand people’s spending patterns in a more detailed and timely way. The ONS measures inflation by looking at the cost of 700 items from a number of price points.

“We are currently developing radical new plans to increase the number of price points dramatically each month from 180,000 to hundreds of millions, using prices sent to us directly from supermarket checkouts,” Hardie said.

“This will mean we won’t just include one apple in a shop … but how much every apple costs, and how many of each type were purchased, in many more shops in every area of the country.”

News Related

OTHER NEWS

'The Power of the Dog' leads Oscar field with 12 nominations, followed by 'Dune' with 10

LOS ANGELES — ‘The Power of the Dog’ leads Oscar field with 12 nominations, followed by ‘Dune’ with 10. Read more »

The Xbox Share button is getting more customizable thanks to controller remapping

© Illustration by Alex Castro / The Verge Microsoft will soon allow Xbox Series X / S owners to fully customize the Share button on their controllers. While you’ve been ... Read more »

Sky Executive Jane Millichip, Distribution Leader and Key Architect of Sustainability Drive, to Step Down After 9 Years

Sky executive Jane Millichip, a distribution leader and a driving force behind the company’s sustainability drive, is leaving the company after almost 10 years. News of the executive’s departure was ... Read more »

Asteroid Named In Honor of Late Avant-Pop Musician Sophie: Sophiexeon

More than a year after futuristic, avant-garde transgender musician Sophie died at age 34 after a fall from a balcony in Athens while attempting to take a picture of the ... Read more »

Super Bowl 2022: Everything to know about the halftime show and other musical performances

The Super Bowl is more than just the biggest football game of the year. While the annually televised event may be the crown jewel in the pantheon of American sports, ... Read more »

Oscar nominations 2022: 'The Power of the Dog' leads with 12, 'Dune' scores 10

Oscar voters spread the love between multiple contenders when the Academy Awards nominees were announced Tuesday morning, though “The Power of the Dog” looked close to a front-runner with 12 ... Read more »

Oscars 2022: Andrew Garfield, Benedict Cumberbatch and Olivia Colman among Brits leading nominations

Image: Andrew Garfield in tick…BOOM! Pic: Macall Polay/Netflix Andrew Garfield, Benedict Cumberbatch, Olivia Colman, Dame Judi Dench and Kenneth Branagh lead the British charge at the Oscars, after bagging nominations ... Read more »

Art Pepper wrote Patricia for the daughter from whom he estranged

PatriciaArt Pepper (1956 & 1978) Her father made no contribution to Patricia Pepper’s happiness in life, but jazz musician Art Pepper did compose a beautiful ballad for her, Patricia. Jazz ... Read more »

List of nominees for the 94th Academy Awards

LOS ANGELES — Nominees for the 94th Academy Awards, which were announced Tuesday via a livestream. Winners will be announced on March 27 in Los Angeles. Best actor: Original screenplay: ... Read more »

Angelina Pivarnick splits from husband

© Bang Showbiz Angelina Pivarnick’s marriage is over Angelina Pivarnick has split from her husband. The ‘Jersey Shore’ star’s spouse, Chris Larangeira, filed for divorce in New Jersey on 22 ... Read more »

Oscar 2022 nominations as they happen

Oscar nominations for the 94th Academy Awards have started to be unveiled ahead of this year’s ceremony. The movies expected to be in contention include The Power of the Dog, ... Read more »

Liam Neeson's worried Seth MacFarlane’s Naked Gun reboot could end his career

© Provided by Total Film Liam Neeson in Taken 2 There’s been no official word on a Naked Gun reboot, but Liam Neeson can’t stop talking about his trepid excitement ... Read more »

Kate Middleton's latest project proves she's the 'Children's Princess'

© Provided by Woman&Home Kate Middleton’s project proves ‘Children’s Princess’ title Kate Middleton’s more recent project has proved her ‘Children’s Princess’ title as the Duchess of Cambridge has agreed to ... Read more »

Avril Lavigne pushes UK and European tour back until 2023

© Bang Showbiz Avril Lavigne postpones tour dates to 2023 Avril Lavigne has pushed back her UK and European tour to 2023. The ‘Bite Me’ star was originally set to ... Read more »

Janet Jackson gets 'embarrassed' hearing her songs on the radio

© Bang Showbiz Janet Jackson can’t stand listening to her own songs Janet Jackson gets “embarrassed” when she hears her music on the radio. The ‘Rhythm Nation’ hitmaker has confessed ... Read more »

‘The epitome of joy’: 10 of Lata Mangeshkar’s greatest songs

© Provided by The Guardian Photograph: AFP/Getty Images Sitting in the back of my parents’ Peugeot 504 as a child, we listened to songs by the likes of Mukesh, Mohammed ... Read more »

Cleveland’s 2022 Blax Museum event showcases historic Black artists in virtual format

© Henryk Sadura / Getty CLEVELAND, Ohio – The pandemic led to new formats for Cleveland arts event Blax Museum, organized by local writer Michelle R. Smith. This year, the ... Read more »

Conductor Simon Rattle receives Germany's highest honor

© Provided by Associated Press Conductor Simon Rattle holds the ‘The Order of Merit of the Federal Republic of Germany’ after he received it by German President Frank-Walter Steinmeier during ... Read more »

2022 Oscar nominations to be announced: WATCH LIVE

© shalunts / Getty Oscar nominations are about to be announced, and this year, a major change takes effect for the coveted best picture category. The nominees for the 94th ... Read more »

Brit Awards nominations 2022: Full list of Brits nominees and what time to watch the ceremony on TV tonight

© Provided by The i Adele makes a return to the stage for the Brits. (Photo: CBS/Getty/Cliff Lipson) Music fans are in for a night of big name performances, as ... Read more »

Austin ISD to remove sixth grade from Martin, Mendez middle schools

© Rodolfo Gonzalez/Special to American-Statesman Volunteers head out to block-walk as part of the Austin school district’s Operation Reconnect last June at Mendez Middle School. The district is taking a ... Read more »

Pandora Sued By Estates of Robin Williams, George Carlin & Other Comedians Over Joke-Writing Licensing Fees

Pandora is accused of shortchanging comedians by neglecting to obtain the proper copyrights to stream their works, according to a series of lawsuits filed on Monday (Feb. 7) in California ... Read more »

Mandy Moore Talks Self-Care, Motherhood, and the End of 'This Is Us'

© Provided by Health Ben Watts There’s something sweetly poetic about this time in Mandy Moore’s life. The 37-year-old star is wrapping the final season of NBC’s hit show This ... Read more »

Lemondrop and Fireball review: Impossibly small, surprisingly powerful synths

Korg jump-started the craze for affordable, portable synths when it launched the Volca series in 2013. Major players like Roland got in on the action. As did more niche companies ... Read more »

Red Hot Chili Peppers may release another album this year

The Red Hot Chili Peppers have tentative plans to release another album this year. The American band, who released his record on April 1 Unlimited Love releases has enough material ... Read more »

Zac Brown is first to sign up for 2022 State Fair Grandstand show

© Provided by WCCO Radio Minneapolis Zac Brown The Minnesota State Fair on Tuesday announced the Zac Brown Band is the first to sign up for a Grandstand show at ... Read more »

Capital Chordsmen, Barbershop Ladies present singing valentine's for sweethearts

Once again this year, The Capital Chordsmen and their sister chorus, The Barbershop Ladies of Tallahassee, will send their quartets to Tallahassee and surrounding counties to sing serenades for  Valentine’s ... Read more »

Elton John ‘Farewell’ tour in Detroit: How to get last-minute tickets for tonight, tomorrow

DETROIT – This could be one of your last chances to see Elton John live in concert. The Rock and Roll Hall of Famer brings his “Farewell Yellow Brick Road ... Read more »

RIT/NTID grad will sign language-interpret Super Bowl halftime show

© Noah Elliott Morrison Deaf rapper Sean Forbes performs at Third Man Detroit on Feb. 21, 2020, during a release party for his album “Little Victories.” Super Bowl LVI will ... Read more »

What to watch for Black History Month: 10 movies, TV shows that celebrate Black joy

Black History Month is a time to learn and reflect about the impact historical figures have made and the struggles they’ve overcome. But it’s also important to make time this ... Read more »

First University Challenge host Bamber Gascoigne dies aged 87

TV presenter and author Bamber Gascoigne has died at the age of 87 following a short illness. Gascoigne, best known as the original host of BBC’s University Challenge, died at ... Read more »

Oscar predictions 2022: who is likely to win the biggest awards?

© House of Lady Gaga in House of Gucci House of Gucci It’s ‘inevitable’ that some of the big films will miss out this year Oscar nominations are to be ... Read more »

Coleen Nolan opens up about heartbreak following loss of 'second mum'

Coleen Nolan has shared her heartbreak following the loss of her “second mum”. The singer and TV personality appeared on Monday’s Loose Women along with Ruth Langsford, Linda Robson, and ... Read more »

UK festival line-ups 2022: The best tickets to buy now, from Parklife to Victorious

© Press image GreenManFestival1509 There were times when it didn’t look like it would happen, but the UK’s festival summer finally arrived in 2021 — and what a blast it ... Read more »

McMahon wants metric to end masks in schools; more top stories (Good Morning CNY for Feb. 8)

© Dennis Nett | dnett/syracuse.com/TNS Subscribe to get the Good Morning, CNY newsletter delivered to your email inbox weekday mornings. Weather High: 33; Low: 16. Cloudy, colder, snow showers. See ... Read more »

Looking for things to do in Sioux Falls? Here are 7 winter events to check out

It may be freezing outside almost everyday, and the TV might seem inviting, but Sioux Falls knows how to make the season entertaining with both indoor and outdoor events. Go ... Read more »

Musicians union: Casa Mañana violating contract by using recorded score for ‘Matilda’

© Nate Hovee / Getty Casa Mañana is presenting Matilda the Musical without a live orchestra, which violates the Fort Worth theater’s contract with the local chapter of the American ... Read more »

Want to help decorate Panama City Beach? Officials have launched a public art project.

SeeLife Statues were unveiled at the Panama City Beach City Hall on Friday. SeeLife Statues were unveiled at the Panama City Beach City Hall on Friday. SeeLife Statues were unveiled ... Read more »

As Britt Daniel returns to Austin, Spoon revisits its rock 'n' roll roots

© Photo: Oliver Halfin Spoon Britt Daniel knew he wanted to record Spoon’s 10th album in Austin, Texas. After recording the band’s previous two albums in rural upstate New York, ... Read more »

Collective Soul, Better Than Ezra, Colbie Caillat to headline Euphonious festival 2022

Euphonious, a music and technology festival, will return to Birmingham in 2022 with a lineup that features Collective Soul, Better Than Ezra and Colbie Caillat. Organizer Bradley Metrock today announced ... Read more »