European Tribune

L'Etoile de Martin

Home
Booman Tribune
The Fever Might Break Romney is Gonna Get It Happy Memorial Day Serious QuestionLeave Chris Hayes Aloooooone DOJ Needs to Intervene in FloridaA Tale of Two Black MayorsWhy Pick on Chief Justice Roberts? Brash Hypocrisy Doesn't Begin to Describe It Today in StupidI Smoked Pot; You Picked on Sissies What Would Mitt Do? Existentialism With David Brooks Doing Business in Space Mitt Romney Makes a Herculean Effort to Feel Your Pain
New User? Welcome & Click!
 Recent Comments Diaries
Display:
European Salon de News, Discussion et Klatsch - 10 June | 100 comments (100 topical, editorial, 0 hidden)
El Pais rises to new highs (4.00 / 3)
Massive econometrics fail, or how to lie with statistics:

Los precios bajan un 0,9% en mayo hasta un nuevo mínimo por la evolución del petróleo · ELPAÍS.comPrices drop by 0.9% to a new low because of the evolution of oil prices - ElPais.com
El Indice de Precios de Consumo (IPC) registró en mayo su tercera caída interanual consecutiva y se situó en un negativo 0,9%, siete décimas por debajo del dato de abril, por la diferencia en el coste del petróleo frente a mayo de 2008. No obstante, el hecho de que no haya variado en tasa intermensual aleja el peligro de la temida deflación, según cálculos tanto de los expertos macroeconómicos como del Ejecutivo.[Spain's] Consumer Price Index registered a year-on-year drop for the third month running, and is now at -0.9%, 0.7% below the April figure, due to the different cost of Oil with respect to May 2008. That notwithstanding, the fact that the month-to-month rate is constant pushes away the feared danger of deflation, according to calculations by macroeconomic experts as well as the government.

Is it incompetence, malice, or cherry-picking data to fit a message hoping the proles won't notice?

The brainless should not be in banking. — Willem Buiter

by Migeru (migeru at eurotrib dot com) on Wed Jun 10th, 2009 at 05:15:21 AM EST
[ Parent ]
Re: El Pais rises to new highs (none / 1)
Maybe they tripped over some green shoots on the way in to work.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Jun 10th, 2009 at 06:37:57 AM EST
[ Parent ]
Re: El Pais rises to new highs (none / 0)
Yesterday they were headlining "the green shoots are reluctant" because the number of house sales in the 1st quarter was the lowest on record.

The brainless should not be in banking. — Willem Buiter
by Migeru (migeru at eurotrib dot com) on Wed Jun 10th, 2009 at 06:45:03 AM EST
[ Parent ]

European Salon de News, Discussion et Klatsch - 10 June | 100 comments (100 topical, 0 editorial, 0 hidden)
Display:
Menu
. Home
. About
. Contact
. New User Guide
. FAQ
. ET Editorial Guidelines
. Search
. Search (Google)
Login
. Make a new account
. Reset password
Recommended Diaries
Socratic Economics XII: Utopian Government Finance
by Zwackus - May 25
266 comments

A Star is Born
by ChrisCook - May 23
23 comments

The French newspaper Le Monde reports 1.5 million living the...
by Democrats Ramshield - May 27
6 comments

$1,000,000,000,00
0 or what we must remember
by Metatone - May 19
69 comments

The balance of anger and fear
by Frank Schnittger - May 17
44 comments

Stable pricing is to metaphysics as variable pricing is to...
by Upstate NY - May 16
8 comments

Another NRW election
by DoDo - May 13
118 comments

Bundesrat saves PV (and loses Röttgen)
by DoDo - May 12
18 comments

Recent Diaries
The French newspaper Le Monde reports 1.5 million living the...
by Democrats Ramshield - May 27
6 comments

Socratic Economics XII: Utopian Government Finance
by Zwackus - May 25
266 comments

A Star is Born
by ChrisCook - May 23
23 comments

$1,000,000,000,00
0 or what we must remember
by Metatone - May 19
69 comments

The balance of anger and fear
by Frank Schnittger - May 17
44 comments

Stable pricing is to metaphysics as variable pricing is to...
by Upstate NY - May 16
8 comments

A little American intercine battling
by rootless2 - May 14
27 comments

Another NRW election
by DoDo - May 13
118 comments

Bundesrat saves PV (and loses Röttgen)
by DoDo - May 12
18 comments

The mainstream German Magazine Spiegel asks, has the US mixed ...
by Democrats Ramshield - May 10
27 comments

Short Term Climate Forces: Black Carbon, Methane, and...
by gmoke - May 9

Twenty days of Crisis for Cameron
by ceebs - May 9
22 comments

SYRIZA and the Eurocrats: a letter of intent
by talos - May 9
363 comments

French Parliamentary Elections: a look under the hood
by Bernard - May 8
59 comments

Why haven't we had WWIII yet?
by Migeru - Apr 30
258 comments

More Diaries...
Occasional Series
Click for full list

Blogroll Me!

© 2005 European Tribune Group
European Tribune Homepage
etg@eurotrib.com
powered by Scoop