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Lower official inflation means higher reported real G.D.P., higher reported real income and higher reported productivity.
Next month is the seventh anniversary of the Bank of England's decision to lower official interest rates to 0.5%.
Despite lower official quotas, nearly all the members of the Organization of the Petroleum Exporting Countries are producing as much oil as possible to cash in on the high prices, and most major non-OPEC producers are doing the same.
Desperate to ensure the cut is felt by households and businesses in the real economy, the Bank's governor, Mark Carney, took a tough line with commercial banks, telling them they had no excuse not to pass the lower official borrowing costs onto customers.
The lower official number has meant the government has made a net saving on its inflation-linked bonds of $1.7 billion, according to a former finance official.The government also gets involved in private business dealings that should be beyond its remit.
The National Rifle Association cited the lower official numbers this year in a fact sheet opposing "safe storage" laws, saying children were more likely to be killed by falls, poisoning or environmental factors — an incorrect assertion if the actual number of accidental firearm deaths is significantly higher.
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The country's top food quality official, Li Changjiang, resigned while lower officials were fired or arrested.
"The actions of lower officials are very much driven by how higher officials are rewarding and punishing them".
Vice President Dick Cheney, Secretary of State Colin Powell and a wave of lower officials had served in the George H. W. Bush administration.
In the past, the country's lower officials had strong incentives to say they had met the government's rising targets for fish catches.
His execution was interpreted as the party's way of sending a stern message warning lower officials to toe the line.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com