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re: The US BLS has announced that coffee prices will no longer be factored into CPI inflation
Posted on 5/12/24 at 4:03 pm to Obtuse1
Posted on 5/12/24 at 4:03 pm to Obtuse1
quote:
This is incorrect. The removal is a specific package size from the API, Coffee, 100 percent, ground roast, all sizes, per lb. (453.6 gm) remains in the API and coffee remains in the CPI. The screen grab in the tweet clearly says the API and does not mention CPI.
Shhhh......
1
Posted on 5/12/24 at 4:11 pm to LegendInMyMind
Puerto Rico farms a pretty good coffee, yet in 1991 had to import coffee pickers from Haiti to do the field work. At the time, unemployment in PR was 20%. Because of the PR social welfare, no body wanted to work
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