Men’s suit removed from UK ‘inflation basket’ as Covid changes working life
by Larry Elliott Economics editor from on (#5X2WR)
Formal clothes removed from list for first time since 1947, with doughnuts and coal also taken out
The traditional men's suit has been removed from the basket of goods used to calculate the annual inflation rate - the latest casualty of the increase in working from home since the start of the Covid pandemic two years ago.
The Office for National Statistics said the change in working patterns meant the suit - ever-present in the basket since its inception in 1947 - was no longer one of the more than 700 representative goods and services selected to measure the UK's cost of living.
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