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Looks like yoy inflation is about 3.5%, and purchasing age population increase is between 0.5% and 1.5%. What other metrics should one be looking at to push t
by matheweis 3y ago
Looks like yoy inflation is about 3.5%, and purchasing age population increase is between 0.5% and 1.5%. What other metrics should one be looking at to push that over 7%?
- burning_stubble 3y agoIt is possible that economy is not looking as rosy as last year and more discounts were given by sellers this year leading to more sales? Also, I am not sure if a single analytics company report is worth it to generate discussion on this as the difference seems like error margin.
- fluffednuitter 3y agoIf you change the methodology for calculating the CPI[1], in particular changing the mix to remove purchases that wouldn’t be captured by black-friday sales (energy, shelter, to some extent?: food) and re-weight categories like clothing you will get very different (possibly higher) inflation numbers [2] [1]https://www.investopedia.com/articles/07/consumerpriceindex.asp https://www.investopedia.com/articles/07/consumerpriceindex.... [2]https://www.bls.gov/news.release/cpi.htm https://www.bls.gov/news.release/cpi.htm
- username135 3y agoSo if you change the equation, the answer will be different? Interesting...
- notyofriend 3y agoInflation basket isn’t a good measure for this. You need a custom basket that is mostly consumer goods and you need to pull out the hedonic adjustment because a tv is still a tv even if it’s slightly more modern