Tuesday, April 15, 2008
UK inflation figures ‘fudged’ again for March!!
I am tired of reading about these 'fudged' figures, there is no way inflation is holding at 2.5%. This statement is ludicrous: 'The ONS said a sharp drop in furniture inflation offset a rise in air fares and transport costs.' So, I buy a sofa say every five years at £500 but spend £50 per week on petrol. Let's do the math, 52 weeks x £50 = £2600 per year or £13000 every five years vrs £500 every five years for a sofa. Its not rocket science ONS, if you cant work this out then you are obviously not fit for the job in hand IMHO!!