On Whose Behalf are the OFT Acting For?

Either Gordon Brown and Alsitair Darling are correct when they tell us that the true rate of inflation is 3% or the supermarkets are right in that their costs are rising way beyond this figure. In view of the well publicised increases in worldwide basic foodstuffs, the fall of the pound in recent months against both the Euro and the dollar and the punitive costs including tax on fuel, (food has to be delivered to the store by lorries), maybe it is the supermarkets who have got it right. If so, the decision by the OFT to launch such high profile raids may simply be an effort to spare their masters' blushes so as to maintain the fiction of that 3% inflation figure.

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