2 ms·
Inflation numbers are an average of several prices.
by swader999 5y ago
Inflation numbers are an average of several prices.
- imtringued 5y agoThis implies that lumber is a tiny portion of the basket of goods and is irrelevant for the majority of consumers. Edit: My point is that if it is such a tiny portion, then a nation wide change in demand can have a huge impact on pricing without necessarily requiring monetary policy as cause.