4 ms·
Consumer price index is just a measure for inflation, no? So what's the big difference?
by CorrectHorseBat 2y ago
Consumer price index is just a measure for inflation, no? So what's the big difference?
- f1shy 2y agoAbsolutely no. The whole methodology is different. The update rate could be substantially different, also “consumer price idx” is typically reduced to very basic elemental goods and services, which are often regulated, and don’t change at the same rate as a live indicator as inflation. I lived in a country with CPI of 5% and the inflation was 25% same month. Not even close!
- CorrectHorseBat 2y agoAnd how is _the_ inflation then calculated?
- f1shy 2y agohttps://en.m.wikipedia.org/wiki/Core_inflation https://en.m.wikipedia.org/wiki/Core_inflation