
Simon Says: New Inflation Data
If you are concerned about higher prices impacting your quality of life, may I suggest an evening in sewing: sewing machines, fabric, and supplies are 6.4% cheaper than a year ago. Treat yourself to a bottle of wine (1.2% cheaper) and a pint of ice cream (0.7% cheaper). I have given a couple of community presentations recently and been asked the same question twice: Why does the inflation data not include prices of food and energy? In fact, the headline inflation figure does include food and energy, although the government








