Official statistics hide true increase in cost of living

15 February 2011  The Guardian UK

The Guardian UK

The official inflation figures due out today are misleading the public, according to international experts who say the data released every month in the UK understates the true increase in the cost of living.

Although the government's preferred measure of inflation is expected to show an increase on December's 3.7% to 4%, an article in the respected journal of the International Association for Official Statistics says there is a risk of a loss of public faith in the official data.