Consider the case of the statistician who drowns while fording a river that he calculates is, on average, three feet deep. If he were alive to tell the tale, he would expound on the “flaw of averages, ...
(05/04/2026) The energy price index rose 12.1% in April, driven largely by crude oil (+8.7%). The non-energy index grew 3.2%, with food prices edging up 1.5% and fertilizer prices jumping 14%.
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