CPI is worthless as an inflation measure for several reasons but the most obvious one is that it is too simplistic; it tries to model spending of some average c

CPI is worthless as an inflation measure for several reasons but the most obvious one is that it is too simplistic; it tries to model spending of some average consumer but actual consumers vary a lot in both their habits and ability to adapt. For a sense of inflation recently in Sweden, look instead at PPI [1]. Consumers can expect 100% of the cost increase producers see now to get passed on to them eventually. [1] https://www.scb.se/hitta-statistik/statistik-efter-amne/priser-och-konsumtion/prisindex-i-producent-och-importled/prisindex-i-producent-och-importled-ppi/ https://www.scb.se/hitta-statistik/statistik-efter-amne/pris...