Lord Hennessy, Jo Coburn and Peter Stringfellow
Media playback is unsupported on your device

Inflation basket: Peter Stringfellow tested on shopping costs

12 March 2013 Last updated at 14:11 GMT

The Office for National Statistics has updated the basket of goods used to measure inflation so the contents accurately reflect current trends in spending.

Nightclub owner and new father Peter Stringfellow was tested to see if he knew what the man-in-the-street buys and whether the right goods are going into the basket to measure price rises.

He looked back to the 1950s and took the inflation basket challenge with historian and crossbench peer Lord Hennessy and the Daily Politics' Jo Coburn.

MORE FROM THE DAILY AND SUNDAY POLITICS

Watch more clips of films and interviews; 'like' us on our Facebook page; watch the Sunday Interviews with Andrew Neil, follow us on Twitter or watch programmes from the last seven days on BBC iPlayer