Students and rail users `penalised by flawed inflation measure`
(The Guardian Money News)

Lords report accuses ministers of `inflation shopping´ with tactical use of RPI and CPIStudents and rail passengers have been unfairly penalised by the government using a `flawed` measure of inflation that needs to be urgently fixed, according to a highly critical report from peers.Ministers have been able to use a tactic of `inflation shopping` to select the retail prices index measure of inflation when it stands to benefit the exchequer, and the typically lower consumer prices index to keep a lid on outgoings, the House of Lords economic affairs committee said. Continue reading...