Inflation is not measured correctly because it does not include housing and shrinkflation, and probably other things. By excluding these things, the inflation

Inflation is not measured correctly because it does not include housing and shrinkflation, and probably other things. By excluding these things, the inflation figure is smaller. This smaller figure is then used by your employer to justify your small pay rises. E.g. "real pay has grown by 1%" when in reality it might be "real pay has fallen by 5%"