Friday, February 16, 2007

Plastic Surgery Added to Inflation Calculation in Spain

So significant is spending on cosmetic procedures such as rhinoplasty (nose jobs) and tummy tucks that Spain�s INE Statistics Institute as added it to the basket of goods used in calculating annual inflation figures. Use of cosmetic surgery in calculating the monthly economic figures will begin as of February 20. Spain reportedly has a booming plastic surgery industry, reportedly one of the largest in the world. Other non-traditional items such as weight-loss products, laser eye surgery and physiotherapy will also be added to the basket of goods.

Funny enough, traditional products such as cloth and some categories of appliance repairs will be removed because spending on them is down.

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