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by _Understated_
1696 days ago
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As an anecdote, in 2013 I "measured" inflation as it affected me. By this I mean the things I buy like petrol, food, utilities, insurance etc. I looked at bank statements from 2011 and 2012 and compared them to the 2013 bank statements. It wasn't 100% accurate as a couple of things changed but it was definitely close enough to be applicable. In 2013 I was paying out 13% more for roughly the same stuff yet the official government figure was was less than 3% per annum. So my own inflation in that two year period was twice what the government said it should be. In short, it doesn't surprise me that they're talking shit about inflation! High inflation won't win you an election. I haven't checked 2021 vs 2019/2020 yet but I will in January 2022... although, I may not want to :( |
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