BBC Reports Falling UK CPI Inflation as Good News, Misses the Inflationary Depression In Progress

The BBC with much fanfare has been leading its news bulletins all day with the apparent good news that the UK CPI Inflation rate had fallen in mAY to 2.8%, its lowest level for 2.5 years, with it's economics experts and members of the general public presented as painting the news as a highly positive development.

The BBC's reporting illustrates the inherent flaw in the mainstream press that it is populated by Journalists who primarily regurgitate the views of vested interests including ivory tower academic economists.

The facts are that the UK inflation rate that the BBC and the mainstream press and academics wholly focus on, is in actual fact just a measure of 12 month momentum, what it does not do is give the real picture of the ever present consequences of the Inflation trend..Market Oracle