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INE updates the cart of goods and services and adds Netflix and Spotify



Netflix and Spotify will be some of the elements that will be included in the basket of updated goods and services, enabling the consumer price index (CPI) to be measured, as announced National Bureau of Statistics (AND NOT).

"This change in the base year meant updating basket of commodities and CPI services – using the VIII Family Budget Research (EPF) as the main source – to reflect the way consumer habits are modified, The change also enabled the introduction of technical and operational improvements to build a more accurate and representative price behavior index in the economy, "Biebiochile said.

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On the other side, items such as costumes, land, fertilizers, or legal counseling services will no longer be part of the basket.

"The products chosen correspond to the most consumed at least four out of five quintiles of population, that is, in most socioeconomic layers, have been explained by the organism.

These changes will be reflected on February 8, 2019, the date that the January CPI will be delivered.

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