How Inflation affects Penyffordd

This is particularly good. A comment in The Telegraph

In_totidem_verbis

Inflation is heavily influenced by personal spending patterns. For example, if you are not one of those people who has to have the latest electrical gadget in your home, then you can remove this factor from your calculation. Therefore, it does not matter to you if such goods are not rising in line with inflation or, for that matter, actually becoming cheaper.

What really matters are the necessities in life, a roof over your head, food on the table, keeping warm and healthy, and the cost of travel to and from work. When you look at these essential factors in life, it is clear that some, if not all, are subject to large price rises and have been for some time.

Current methods of calculating inflation, particularly the ludicrous CPI unsurprisingly relied upon by this inept Government to suppress demands for wage increases, pay no heed to the question of priorities, essentially relying on a calculation that lumps together the cost of luxuries and necessities.

Finally, anyone using CPI as a measure of inflation is either an idiot or a politician, admittedly difficult to distinguish because the two are synonymous.