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> Eggs are significant ingredient in many homemade things (eggs, bread, pancakes, pastas, brownies) and one of the cheapest,cleanest protein sources in the Amer
by throw0101a 4y ago
> Eggs are significant ingredient in many homemade things (eggs, bread, pancakes, pastas, brownies) and one of the cheapest,cleanest protein sources in the American diet.
Yes, and food makes up ~13% of the BLS CPI. This is taken into account when they do their surveys to see what people are spending their money on:
* https://en.wikipedia.org/wiki/Consumer_Expenditure_Survey https://en.wikipedia.org/wiki/Consumer_Expenditure_Survey
Remember that the CPI is the national average inflation for an average basket of goods, and not your personal inflation. In Canada, StatCan actually has a personal CPI tool so that you can see how things are for your personal basket of goods:
* https://www150.statcan.gc.ca/n1/pub/71-607-x/71-607-x2020015-eng.htm https://www150.statcan.gc.ca/n1/pub/71-607-x/71-607-x2020015...
- smileysteve 4y agoI'm not questioning the survey results, I am challenging the lack of importance of eggs.
- throw0101c 4y ago> I'm not questioning the survey results, I am challenging the lack of importance of eggs. The survey would determine how many eggs people eat, both directly (omelettes) or indirectly (or as a component, as in cake): * https://www.statista.com/statistics/183678/per-capita-consumption-of-eggs-in-the-us-since-2000/ https://www.statista.com/statistics/183678/per-capita-consum... And from there the BLS would know how many to put in the basket of goods it uses. Which they have listed in this table: * https://www.bls.gov/news.release/cpi.t02.htm https://www.bls.gov/news.release/cpi.t02.htm And here's the data series for the price of eggs: * https://data.bls.gov/timeseries/APU0000708111 https://data.bls.gov/timeseries/APU0000708111 * https://fred.stlouisfed.org/tags/series?t=bls%3Beggs https://fred.stlouisfed.org/tags/series?t=bls%3Beggs What people put in the the survey would indicate the the "importance of eggs" (in the average case).