Snapshot of Eurozone inflation falls to 5.5% in sharp contrast to UK. Economists put reason for divergence down to Brexit and Britain’s energy price guarantee.
Snapshot of Eurozone inflation falls to 5.5% in sharp contrast to UK. Economists put reason for divergence down to Brexit and Britain’s energy price guarantee.
It’s not a theory to say that the ONS was defunded in the early 2010’s and stopped tracking various metrics.
They are 3 European countries with high inflation, sure, but they’re not 3 EU countries that the UK is regularly compared with. They have been cherry picked for this graph.
And furthermore as far as I can tell Eurostat don’t do a CPI measurement that excludes energy, food, alcohol & tobacco. Which begs the question: why don’t they present the actual data they used to make the graph?
The simple truth is that the UK lost its direct comparison to EU countries when we left in 2019. Which, incidentally, is just before the start of this graph.
Any changes to ONS methodology is published openly. Again, source please.
Core inflation excludes volatilities, that’s literally the definition
And why not compare countries with high inflation?