4 ms·
To calculate that baskets value, they have to collect market data for all the items in the basket, right? Wouldn't it be lovely to have a web site under .gov w
by froh 5y ago
To calculate that baskets value, they have to collect market data for all the items in the basket, right?
Wouldn't it be lovely to have a web site under .gov where I can create my basket, and then I see my personal inflation?
Here is the one for Germany:
https://www.destatis.de/DE/Service/Statistik-Visualisiert/persoenlicher-inflationsrechner-uebersicht.html https://www.destatis.de/DE/Service/Statistik-Visualisiert/pe...
- wodenokoto 5y agoStrictly speaking you’d only be able to make a subset basket. But yes, the basket should be public information. At least I can’t figure out how to game it meaningfully.
- deleted 5y ago[deleted]
- mr_toad 5y agoWith some work you could do it yourself. The BLS produces price indexes at a fairly low level, and adding your own weights is high school math. Many industries and businesses do this.