iPods, iTunes added to UK government measuring standard
Posted by Dennis Sellers 
Mar 21, 2006 at 10:08am
iPods and iTunes downloads have been added to the list of goods used by the UK government as a standard for measuring inflation, reports Macworld UK.
The 650-product list is maintained by the Office for National Statistics (ONS) and it aims to measure the fluctuations in prices paid by the UK population. ONS collects about 120,000 prices every month for a “shopping basket” of about 650 goods and services. It uses the change in price of those items to compile its main measures of inflation: the Consumer Prices Index (CPI) and Retail Prices Index (RPI).
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Dennis Sellers
Dennis has been a newspaper editor/reporter (seven years) and teacher (seven years). He has over 4,000 magazine, newspaper and online articles to his credit. He has also covered the Mac and tech industries for over a decade for such online publications as MacCentral, MacMinute and now MacsimumNews.
