Why is inflation everywhere except govt statistics?

RT published this video item, entitled “Why is inflation everywhere except govt statistics?” – below is their description.

The media claims there is no inflation – but how can that be with the rising cost of living?

Dominic Frisby explores why the inflation we are seeing in all aspects of life is being brushed under the rug and how to find value in the current economy.

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About This Source - RT

The video item below is a piece of English language content from RT (formerly Russia Today). RT is a Russian state-funded broadcaster.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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