Ask the experts: Inflation metrics
Christopher Payne, a statistician, and head of consumer prices development at the Office for National Statistics, delves into the composition of inflation metrics and asks if we can really trust the data
by Dan Atkinson
Quiescent for decades, inflation is once again at the top of the Western economic agenda. Governments have resorted to measures long thought discarded or discredited, not least huge subsidies to hold down energy bills. But can we trust the figures we are given? And what are they really telling us?
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