Wednesday, August 16, 2006

A Footnote

Canada's federal statistics-gathering agency admitted Tuesday it mistakenly understated the country's inflation rate over the past five years.
economists were taken aback by the glitch, reported by Bloomberg News yesterday and which first surfaced as a footnote in Statscan's June price inflation, released July 21.

An opps hidden as a footnote. This is like polling, now the inflation rate will have to be stated as "give or take a tenth of a percent".

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