i've been hanging around pubs a lot and meeting some interesting people including my next guest pete comolli who wrote this excellent book inflation tax which we must talk about right now as a reporter nice to me nice to see you again all right pete my first question tell us what the u.k. inflation rate is at the moment for real there are several different official numbers and then there are the real numbers start about ok the official number is two point nine percent c.p.i. yesterday r.p.i. which i personally think probably a bit closer to the real number is about three point three guys consumer prices and it's i.p.o. the retail price index ok so they say c.p.i. is when they quote they say two point nine percent continue i mean i think what's interesting is that that number's been going up. the figure yesterday that they talk about increases in close prices and petrol prices but i think if you dig down into the actual report i think what's interesting is that the main thing that's driving those prices higher is government regulated prices and indeed if you look in to what moving king was sa