Twenty-four items you'd find in a millennial inflation basket
We're certainly not spending our money on property
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Your support makes all the difference.The Office for National Statistics’ annual update of the inflation basket is designed to reflect modern spending habits, with this year seeing the addition of quiches, women’s exercise leggings and GoPro cameras at the expense of pork pies, nightclub lager and leg waxing sessions.
Different items are added and removed each year, but we can’t help but think that a specifically millennial inflation basket might look somewhat different to the UK’s as a whole.
It’s no secret that millennials spend their money differently to older generations, partly because we’re at a different life stage, but mainly because we’ve come of age at a very different time to our elders.
Here’s what the inflation basket would look like if it were just for millennials:
In
- Avocados
- Wireless headphones
- Oat milk
- Netflix
- Brunch (likely bottomless)
- Espresso martinis
- Candles (we’re over Yankee Candles but can’t afford Diptyque)
- Uber
- Gigs
- Expensive coffees (instant will not do)
- Protein powders
- Tassel earrings
- Spinning classes
- Sourdough bread (to go with the avo, of course)
- Asos
- Dating apps
- Rosé
- “Immersive experiences”
- Spotify
- City breaks
- All-natural nut butters
- Gym memberships
- Deliveroo
- Rent
What we’re not generally spending our money on:
Out
- Chain restaurants
- Phone calls
- Property
Oh, and we like exercise leggings just as much as older generations too.
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