Do You Believe in Government Inflation Data?

Thu, Dec 15, 2011

Current Affairs, Finance Management

I guess government is not playing fair this time – by giving more fancier inflation data. They are simply manipulating every bit of the information that is coming out – whether it’s on lokpal – china issue or inflation.

The inflation data, which was released today, showed a steep fall in the food inflation at 4.35% – this is 4-year low.

True or False
Analyze yourself – when no food prices have fallen down then how come the food inflation came down to 4.35% – do you think it’s a fair data?

If we compare the food prices – nothing has dropped to 4-year low – then how come inflation is dipping…? Random food price comparison of sugar – wheat – oil – pulses and even salt has not dropped a single rupee – then also inflation is at 4-year low.

More
If we see the rupee side – rupee is falling every day and then also inflation is low – how come it is happening? When our edible oil is all imported.

Government should stop misguiding the people – with their data manipulation. This will lead nowhere and with every such thing people will loose their trust on government.

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