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Thursday, 2 April 2009

Inflation Statistics - March 2009

The annual rate of inflation, as measured by the all items Consumer Price Index (CPI), reduced by 0.9 percentage points from 14.0 percent in February 2009 to 13.1 percent in March 2009. The decline in the annual inflation rate in February 2009 was mainly attributed to reductions in the prices of food products.

CSO March 2009 Edition

1 comment:

  1. I always appreciate the chance to review these statistics, but sometimes I am afraid that the CSO doesn't check even their rudimentary maths. In this issue specifically, I am having a lot of difficulty with the poverty statistics on p.19, because they don't add up. For example, the stats given for 1996 rural poverty indicate that 80% were poor (79% extremely poor, 10% moderately poor, and 11% non-poor), but then for 1998 we are told that 83% were poor (71% extremely, 12% moderately, and 17% non-poor) which lead me to think that there must have been a change in '97 that reclassified moderately poor as also poor. A quick glance over at the '91 stats erased that assumption, as the numbers given are 88% total poor (78% extremely, 6% moderately, and 15% non-poor). The urban statistics are even more baffling, especially since some clerk seems to have substituted the numbers from the line for rural non-poor for total urban poor in every entry between 1991 and 2004 (they still don't add up, e.g. 15% total poor, 49% extremely, 44% moderately, 14% non-poor). This sort of confusing report of official statistics is almost worse than no reporting at all, there's no way to tell between the correct and incorrect entries.


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