4 ms·
The point that you are either dismissing or missing is that headline inflation tends to include products that have extremely sticky prices, and tends to exclude
by nerdponx 4y ago
The point that you are either dismissing or missing is that headline inflation tends to include products that have extremely sticky prices, and tends to exclude products with prices that fluctuate freely. Therefore, headline inflation tends to be a poor proxy for change in cost of living, and is at best a lagging indicator.