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rainbow

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Received a letter dated 5th January 2005:-

Dear Mr Rainbow

Thank you for your letter dated 26th December 2005.

OMG. they don't even know what year they are in, how do you trust their figures when they can't even get the date right!

:unsure:

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Received a letter dated 5th January 2005:-

Dear Mr Rainbow

Thank you for your letter dated 26th December 2005.

OMG. they don't even know what year they are in, how do you trust their figures when they can't even get the date right!

:unsure:

Worth forwarding to the Economics or Business Editor of a couple of the 'papers?

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Received a letter dated 5th January 2005:-

Dear Mr Rainbow

Thank you for your letter dated 26th December 2005.

OMG. they don't even know what year they are in, how do you trust their figures when they can't even get the date right!

:unsure:

ONS have clearly hedonically adjusted 2006 so that it stays a nice low 2005. Simple really.

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Received a letter dated 5th January 2005:-

Dear Mr Rainbow

Thank you for your letter dated 26th December 2005.

OMG. they don't even know what year they are in, how do you trust their figures when they can't even get the date right!

:unsure:

they can hire 2 more civil servants to look after 'dates on the letters' with final salary pension

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Wait 6 months and they will "restate" your letter with the correct data (or whatever they now believe to be 'correct', or whatever Gordon tells them is 'correct'), they already have to do this with half the data they produce.

What a joke of an organisation, maybe a change of name would do the trick, how about "Deptartment of Information Matters" (DIM), their quarterly updates could be labelled "The Q.DIM Reports".

How about the "Ministry Of National Key Economic Yearly Statistics" (MONKEYS), they could form an alliance with the National Union of Teachers to teach their craft.

ONS have clearly hedonically adjusted 2006 so that it stays a nice low 2005. Simple really.

According to the newly adjusted economic cycle we're still in 1997! (for real!)

Edited by BuyingBear

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Here's my own reply that I posted off this morning, no particular reason other than to pull their chain.

13 January 2006

Dear Mr Bailey

Thank you for your reply dated 5th January 2005 ( it’s 2006, by the way).

The information supplied was interesting but complicated, and surely that is the problem.

Perhaps it’s time to get back to basic’s, you state there would be considerable difficulties in attempting to make distinctions between what is an essential clothing or food item or not. Why exactly?

A lettuce is essential, prepared salad is not.

Soap is essential, aftershave is not.

Shoes are essential, gloves are not, etc.

According to the RPI measure, it seems that at certain times of the year the cost of strawberries outweighs the cost of gas!

Surely it’s time to get some realism back into the measure, amongst my work colleagues, the inflation figure is laughingly referred to whenever they are hit with another inflation busting rise in the essentials.

Unless the ONS finds a formula that reflects what the general public are experiencing, it’s figures are in danger of losing all credibility, much of the national press now ridicule ONS figures, even the Bank of England now appear unwilling to accept your figures at face value.

As more people’s wages no longer meet essential monthly bills, cynicism over ONS inflation figures will only increase, as a working member of society you must be experiencing this yourself.

Yours sincerely

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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