England's dreaming

CPI inflation in the UK is 9%. Interestingly CPIH inflation – inflation for homeowners – is only 7.8%. That tells you something interesting right away: people who don't own their own homes are doing significantly worse than people who are. The bag of components of both CPI and CPIH is described here. And of course what they're not saying is that people who are actually poor are not well-represented by the components of the CPI, conveniently. If you look at this chart, well they tell you that...