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.

  • TWeaK
    link
    fedilink
    arrow-up
    9
    ·
    edit-2
    1 year ago

    Nevermind cherry picking 3 countries from the EU.

    Also we’re comparing statistics from two different organisations. The ONS was significantly defunded early on in the Tory government’s rule under David Cameron, while other departments forming the checks and balances against Westminster were completely closed down - the clear message being that if the ONS didn’t step into line with the government’s narrative then their jobs would be next.

    Meanwhile Eurostat exists to compare data between all EU countries, yet here we only see 3.

    • emerty
      link
      fedilink
      arrow-up
      4
      arrow-down
      2
      ·
      1 year ago

      That’s a conspiracy theory. Show me one respected statistician that casts any doubt on the ONS’ output

      They are the 3 European countries with high inflation, I’m guessing you don’t know the reasons why? Hint, energy price caps and their implementation.

      • TWeaK
        link
        fedilink
        arrow-up
        2
        ·
        1 year ago

        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.

        • emerty
          link
          fedilink
          arrow-up
          1
          ·
          edit-2
          1 year ago

          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?