Misery Index : Inflation Falls, Happiness Spikes

On the day that Action for Happiness launches, a genuine membership organisation for the promotion of happiness, we have re-calculated the Misery Index with the latest RPI off highs but at a still eye-watering 5.3% in March. Guido’s Misery Index is taken from the latest figures from the Office for National Statistics and incorporates inflation and unemployment as well as a deficit component. In addition to inflation going sideways, the seasonal low in the public sector net cash requirement has seen a spike in happiness.

Perhaps the sunshine is helping a little too…

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



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Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”

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