Showing posts with label Headline. Show all posts
Showing posts with label Headline. Show all posts
Friday, June 19, 2009
CSO Should Publish Inflation by Income Levels
Just like a number of countries do. In South Africa, for example, they have estimated that the rate of inflation for the poor is about 3% higher than headline inflation. If that's the case here too, then the rate of inflation experienced by the weakest segments of our population has been, on average, 11.5% every year from July 2005 to December 2008. That's almost 6 times the British target if you were wondering.
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