Move to new UK inflation measure sparks controversy
by Katie Allen from on (#21MZH)
Views divided over decision by Office for National Statistics to shift focus to CPIH, which includes housing costs
In the midst of all the market turmoil following Donald Trump's US election victory last week, the UK's Office for National Statistics announced an important change in how it publishes inflation numbers - and not everyone is happy.
From March next year, statisticians will drop their focus on the consumer prices index (CPI) in favour of CPIH, which seeks to measure the housing costs of owner-occupiers.
Statement on the future of consumer price #inflation statistics in the UK https://t.co/esKX9h9yFp
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