Now, apparently, inflation is at ‘zero’. How is this calculated? In the past six months, the following items in my personal budget have all gone up:

Mortgage – by around 10% (c’mon the 0.5% base rates don’t affect MOST people as they have fixed rate mortgages)

Food – 18%

Council Tax -4%

Train fares – up around 10% and now up another 10% in the next month

Gas and electricity – 33% – remember when that was announced without notice? No sign of those prices going back down by 33% even though oil prices have fallen.

And as the pound is now on parity with the Euro, most trips to the continent cost 30 -50% more than they did a year or so ago.

So how is the zero inflation calculated? Does it only include items that MPs claim on their expenses? And with all this knowledge management and  information, it seems odd that the government is able to get away with so much spin, rather than hard facts and figures.

If there is such a thing as ‘knowledge management’ which has any meaning beyond management double-speak then it really needs to be applied to the realm of ‘real life’.