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There is a standard but it changes with the times and the location. As indicated below it can be manipulated by adding or removing items that fluctuate wildly.
by vonklaus 11y ago
There is a standard but it changes with the times and the location. As indicated below it can be manipulated by adding or removing items that fluctuate wildly. There is a lot of disagreement about whether it is a good measure, what to include, and how to use it once it has been measured.
The CPI, in America at least, is literally thousands of items. Probably stuff like bus pass, bread, milk, a hammer a Daisy Red Ryder BBGun, etc.
Obviously a the bbgun was a joke, but I wouldn't be surprised if bullets or ammo made the cut.
- logfromblammo 11y agoI would certainly put a brick of .22LR cartridges in the US basket, along with a box of 12ga shotgun shells, if nothing else. When you change the items in the basket, you make the index basically incomparable with previously used measures. That is what makes it such a juicy target for politicians. And you have to change it at some point or another, because new products get invented. For instance, if your basket does not now contain a month of cellular phone service, it needs to be updated.