4 ms·
Disclaimer: Sharing links to my own content I hear you. I tried recreating the CPI for India and couldn't get the data needed. (see https://arun.tanksali.com/t
by astatine 6y ago
Disclaimer: Sharing links to my own content
I hear you. I tried recreating the CPI for India and couldn't get the data needed. (see https://arun.tanksali.com/topic/rpi/ https://arun.tanksali.com/topic/rpi/). I eventually thought I can come with a Personal Price Index which reflects how inflation is when seen from my personal perspective. I took a basket of goods derived from our household consumption and scraped prices for a year (till last month). See (2) for data. Obviously, CPI represents the average citizen and no individual is likely to fit that definition well. I am no economics expert but I expected some correlation between the published CPI and my own observations but there were times they were moving in opposite directions.
1: https://arun.tanksali.com/topic/rpi/ https://arun.tanksali.com/topic/rpi/
2: https://realpi.tanksali.com/#/app/dashboard https://realpi.tanksali.com/#/app/dashboard