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City View: Lies, damned lies and statistics for All Fool's Day.(Business)
- Article from:
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The Birmingham Post (England)
- Article date:
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April 1, 2004
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Copyright informationCOPYRIGHT 2004 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Nevill Boyd Maunsell
We know about lies and damned lies, so, just this once, consider an undeniable statistical truth. Chancellor Brown can slap pounds 50 of duty on a bottle of gin and it will not make the tiniest difference to any of the variants of the retail prices index. That is not an April Fool. The committee that adjusts the RPI each year to take account of changes in the way we spend our money decided the other day to leave the ...
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