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Oliver Sutton

Gdp Deflator

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Was only 1.5% for last year.

For govt expenditures in last qtr was -1.6% !!

More or Less (Radio 4)

GDP deflator has been the french government's favourite method to keeping other the numbers looking nice for 2-3 decades - unfortunatley for them it doesn't paper over the cracks for ever. It won't stop the lot over here doing some of the same tricks and hoping it will.

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