If being entirely honest, we’d accept our wish-lists invariably include items that, without some huge leap of wealth, opportunity, or technology, will always remain beyond us. Well, whilst most elements on my wish-list are unicorn-like, there is one wishful thought that could easily be fulfilled. I refer here to my not so much wishing on a star, but wishing on a stat. Yet, whilst the stat I crave is perfectly attainable, it is kept frustratingly unavailable.
I write here of consumer price inflation being released more frequently than the monthly statistic we are frugally given. And in claiming my wished for stat is unattainable, my frustration in this denial is directed at a combination of the ONS and Bank of England. After all, between them these institutions could easily engineer and use much higher frequency data for not only the CPI, but many other keenly awaited economic metrics currently rationed to us monthly.
