Unit 3: How good a measure of inflation are the official rates?

This clip from BBC Nesnight is quite long, but gives a good overview of the measures of inflation and the weaknesses of any measure

< http://www.bbc.co.uk/mediaselector/check/player/nol/newsid_6350000/newsid_6355900?redirect=6355991.stm&news=1&bbram=1&bbwm=1&nbwm=1&nbram=1 >