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 Wednesday, March 16, 2011

­The UK's Office of National Statistics has announced that it will start monitoring the prices of smartphones and smartphone applications sold through Apps Stores as part of its "shopping basket" for working out the national inflation rate.

The addition of phone Apps replaces ringtones and wallpapers which have been dropped as their popularity faded.The ONS shopping basket is aimed at being a representative sample of an average household purchases and used to calculate the monthly inflation rate.

Commenting, ONS statistician Phil Gooding said: "Many of these new items show the way technology is changing our lives. Powerful smart phones and the applications that run on them have become essential for many when communicating or seeking information. Likewise, increasing numbers of people now seek a partner via internet dating sites."

Source: Cellular News