Vinyl makes return to ONS basket of goods

The Office for National Statistics (ONS) has added 16 items to the virtual basket of goods it uses to measure inflation.

An increase in popularity has seen Vinyl records return to the basket following a hiatus since 1992, when cassettes and later CDs became the most sought-after method for playing music.

Around 744 items are included in the basket to represent the goods and services that UK consumers are currently spending their money on.

The organisation also added air fryers to the basket after total spend on the electrical appliances increased by over 30 per cent between 2021 and 2022.

Several products have been removed from the basket, including hand sanitiser, reflecting a fall in demand since the pandemic. Sofa beds have also been axed from the list following a drop in popularity.

"Often the basket reflects the adoption of new technology, but the return of vinyl records shows how cultural revivals can affect our spending,” said Matt Corder, ONS deputy director for prices. "We are also seeing the impact of the pandemic fading from the basket with the removal of hand sanitiser due to decreased demand.”

He added: "Healthier lifestyle products continue to influence consumer choice reflected by the addition of the air fryer, spray oils and rice cakes as well as sunflower and pumpkin seeds."

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