Agree. Inflation statistics in the UK are almost entirely useless for the same reason. You cannot use CPI to determine a "real rate of return" because anythin

Agree. Inflation statistics in the UK are almost entirely useless for the same reason. You cannot use CPI to determine a "real rate of return" because anything you'd actually want to buy is not included. The basket makes up something daft like 10-20% of my expenditure because, yeah, groceries and electronics and stuff are cheap. It's a metric that only really has relevance to retirees with homes paid off on a fixed income. Everyone else spends ~40%+ on housing.