Inflation falls - how convenient!
Tuesday, 18 November 2008 13:55

How can we believe the figures when Labour changes the way they are calculated on a regular basis.

What we need is a measure of inflation that takes into account real spending and actual costs, not some notional lists that are changed on a whim.

Only then will the people be able to have confidence.

We also need to see the effects of taxation and other government influences. A tax increase is just the same as a manufacurer's price going up, the effect is exactly the same. It costs more and that ought to be reflected in the inflation figures.

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