It’s the government that's killing the economy

Does one believe the government on growth, inflation and deficits: 6.5% real growth, 6.5% inflation and 4.8% as fiscal deficit/GDP ratio? WPI-inflation in February was 6.84%, and let's not forget, December 2012 WPI-inflation numbers were also revised upwards. CPI-inflation in February was 10.91% (food at 13.73%). One doesn't know what inflation based on GDP deflator is, but it should be around 8%. Ergo, 6.5% inflation (depending on indicator used) seems a trifle optimistic.

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