Borg: Statistics error to cost state 'millions'
David Landes · 11 Sep 2008, 15:16
Published: 11 Sep 2008 15:16 GMT+02:00
On Tuesday it was revealed that the statistics agency erred when calculating changes in consumer prices.
The faulty consumer price index was then used by the government to come up with a new base amount (prisbasbelopp), a figure indexed to consumer prices which is subsequently used to calculate the levels at which certain public benefits are paid.
The base amount is adjusted annually to ensure that the real value of benefits paid isn’t eroded by rising prices.
The base amount for 2009 went up by 1,800 kronor ($263) to 42,800 kronor.
The mistake put a dent in government forecasts for both the income and expense side of the balance sheet.
“It’s problematic that SCB made this mistake. We’ll just have to live with the fact that we’ll have these effects in 2009,” Borg told Dagens Industri.