true cost of living (or not)

[ratewhore]

From the Telegraph, about the CPI:

http://www.telegraph.co.uk/news/main...nflation04.xml

I like this bit:

A spokesman for the Office for National Statistics said: "The CPI and RPI are specifically not intended to measure what people often refer to as 'the cost of living'."

[Lucy]

I kind of agree that CPI isn't all that useful. PPP is a more accurate way of comparing costs of living.