Misery Index : Misery Up As Inflation Rises

Today’s inflation rose with CPI increasing 4.5% in April from 4.0% in March the highest rate since since October 2008. Guido’s Misery Index however uses the Retail Price Index, which though dropping slightly, is essentially flat lining. Misery has risen again due to a rise in the Public Sector cash requirement, which soared this month. We were happier in April, but as the Coalition reaches a year, the Misery Index reaches a high of 20.50. Nearly the most unhappy we’ve been all year…

The Misery Index adds on the government’s deficit divided by the GDP taken from the latest figures from the Office for National Statistics.

Retail Prices Index + Unemployment rate + ( Public Sector Net Cash Requirement / GDP ) = Misery Index

Plugging in the latest available figures for this month gives you:

5.2% + 7.8% + (24.8 / 330.8 x 100)  = 20.50

N.B. Stats bods can check Guido’s adding up here.


Tip offs: 0709 284 0531
team@Order-order.com

GuidoFawkes Quote of the Day

Mary Creagh’s coded attack on Ed Miliband…

‘I want the country to be united behind a single vision, we aren’t going to do it by sort of having a Rubik’s Cube approach to politics’. 

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Investors Dumping Mirror Shares Investors Dumping Mirror Shares
BBC Conditioning Public to Back UN Climate Agreement BBC Conditioning Public to Back UN Climate Agreement
The Queen: Psychoactive Drugs The Queen: Psychoactive Drugs
Fifa Was Doooooomed! Fifa Was Doooooomed!
Mary Creagh’s Leadership Bid Crashes and Burns Mary Creagh’s Leadership Bid Crashes and Burns
Top LibDem: All MPs Lie Top LibDem: All MPs Lie

Awkward Ed Bercow Moment Awkward Ed Bercow Moment
Algenol: Fuel of the Future Algenol: Fuel of the Future
ENCRYPTION COMPANY HEADS TO SWITZERLAND TO FLEE NSA ENCRYPTION COMPANY HEADS TO SWITZERLAND TO FLEE NSA
The Emperor’s New Solar Panels The Emperor’s New Solar Panels
Guardian Departure Fuels New York Times London Speculation Guardian Departure Fuels New York Times London Speculation
Andy Burnham: Rent-Swapper Andy Burnham: Rent-Swapper
Burnham’s Paul Smith Suits Burnham’s Paul Smith Suits
FLASHBACK: You Are Subsidising Andy Burnham’s Property Portfolio FLASHBACK: You Are Subsidising Andy Burnham’s Property Portfolio
Arise, Sir Eric! Arise, Sir Eric!
ENERGY MINISTER TOTTY WATCH CONTINUED ENERGY MINISTER TOTTY WATCH CONTINUED
Stella Grills Dimbleby on Sexuality Stella Grills Dimbleby on Sexuality
New Select Committee Chair Allocation in Full New Select Committee Chair Allocation in Full
Miliband: Don’t Move to the Centre Miliband: Don’t Move to the Centre