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.

  • emerty
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    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
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      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
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        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?