Lies, damn lies and statistics. In 1980, the BLS changed the way it calculated CPI inflation....

|By:, SA News Editor

Lies, damn lies and statistics... In 1980, the BLS changed the way it calculated CPI inflation. Using the reporting methodologies in place before that year, inflation hit an annual rate of 9.6% in February, according to the Shadow Government Statistics newsletter. The "official" annualized number for the month was 2.1%; March results come out this Friday.