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re: US CPI comes in "hotter than expected"
Posted on 5/15/24 at 11:37 am to JohnnyKilroy
Posted on 5/15/24 at 11:37 am to JohnnyKilroy
Obviously disagree
It is is represented as a measurement of the cost of living. Which completely falls apart when it excludes large percentages of unavoidable consumer costs
It is is represented as a measurement of the cost of living. Which completely falls apart when it excludes large percentages of unavoidable consumer costs
1
Posted on 5/15/24 at 11:41 am to molsusports
But how are you to effectively distill that to a single number when sales tax rates vary wildly on a state, county and municipal level.
The tax rate doesn’t change as prices move, so it’s really not very useful to include them in a measurement that is largely focused on MoM and YoY deltas.
The tax rate doesn’t change as prices move, so it’s really not very useful to include them in a measurement that is largely focused on MoM and YoY deltas.
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