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FACTORY, mining and farm prices jumped by an annual rate of 11,8% last month, accelerating from a revised 11,3% in February and suggesting there would be little respite from inflation in the next few months.
Everybody acts as if this is something new.Take it from me,it's not.The manner in which it is calculated has and this shows a larger number. I have owned my own small businesses, prices have always increased, since 2002 substantialy,why did'nt anybody say anything in 2003 or 2004 at least. Different formula that's right,go to the top of the class.It is unwise to hide the correct figures anymore because now its global and many more eyes will be watching inflation data,to high a risk of being caught out.
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