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Britons 'misunderstand and distrust economics data'
Many Britons have a limited grasp of economic concepts, and distrust official data such as the unemployment rate or the deficit, a study suggests. People tend to look at economics through of their personal experience, a report funded by the Office for National Statistics (ONS) has found. The survey found people were interested in the economy and regretted their inability to fully understand it. The report said that communication of data and concepts could be improved. Groups such as politicians and the media communicate economics concepts in a way that many people find confusing, researchers at the Economic ... (full story)
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