Thus, the CPI in America and in the euro area may now overstate inflation by similar amounts.Deeper deflationJapan's CPI is a lot worse.
In contrast, state pensions increased by 5.2% last April, the rate of CPI in September 2011.
Mr. Krings joined CPI in October 2001 and has served as president of the portrait studio division, the company said.
A report produced by CPI in June 2014 concluded that transitioning away from coal represented a cost-effective way to reduce emissions.
One of the alternatives is the Retail Prices Index (RPI), which the government previously pegged benefit and pension payments to before switching to the CPI in 2010.
After falling steadily for more than three years, the median rate of annual consumer-price inflation (CPI) in high-income countries was down to 0.8% in November 2014.
AFTER seven years of manipulating inflation numbers, INDEC, Argentina's statistics agency, rolled out a new, more believable consumer price index (CPI) in February.
Gordon Brown did it with his pension changes, while George Osborne shaved £11bn off the annual welfare bill by changing the uprating from RPI to CPI in 2011.
The ONS said the main downward pressure on the CPI in February came from motor fuels, with petrol prices down by 0.8p a litre between January and February this year, compared with a rise of 4p a year ago.
A Treasury spokesman said: "The government reconfirmed its policy to change the index used to increase many benefits from RPI to CPI in the budget in March, and the forecasts for the public finances are based on this assumption.
From March next year, statisticians will drop their focus on the consumer prices index (CPI) in favour of CPIH, which seeks to measure the housing costs of owner-occupiers.
