Almost no one – regardless of educational attainment or political or religious persuasion – differs with the assessments of experts regarding the best way to build an airplane.
As you know, last year (2005) saw a jump in inflation (on an annual average basis) from 3.9 per cent to 6.7 per cent. The inflationary momentum has continued through 2006 with 12-month inflation reaching 8 per cent in July. The main driver of inflation has been the rise in food prices which reached 24 per cent on a 12-month basis in July.