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Primary Articles Inflation on 19 Feb 2011: Down to 14.85%

A sharp drop was seen in primary articles inflation over last year, with the 19 Feb number going to 14.85%.

Primary Articles Inflation

You see that spike in the middle? That’s the revision of the December 25 figure, originally reported at 20.20% to 22.68%. So this week’s figure can be quite dramatically revised.

The overall slope of inflation is better now, and it looks like the Feb headline figure for inflation will be lower.