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If you count housing, which the official US figures don't, we are in high single digits area.
by aaomidi 5y ago
If you count housing, which the official US figures don't, we are in high single digits area.
- warlog 5y agoAnd if you count building supplies and groceries, it's north of 10. The numbers are cooked, and the rate of cooking is increasing.
- cma 5y agoTo the extent building supplies increase rent (new housing is a small portion of overall housing, so 2x spikes up and down in one component's price doesn't drive rent up 2x in one year), it is reflected. Groceries are included in CPI.
- cma 5y agoThey count housing through rent, to avoid speculative asset pricing stuff.