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this post was submitted on 18 Jul 2023
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They exclude food, fuel and some other things from CPI. The government made this change about a year ago. It's wrong and most of us know it.
This is easily verified to be false.
This is disinformation.
https://www.bls.gov/cpi/additional-resources/historical-changes.htm
There have been very few changes, and none in the last few years. And when they made changes last they were small changes that only make the score more accurate:
“It’s wrong and most of use know it.” I don’t think most of anyone knows it. And the ones who do are misinformed, repeating false internet narratives without doing any sort of fact checking.
There’s been 13 revisions in over 100 years.
Bullshit, why do you ppl lie for the government. Are you getting paid to gaslight ppl all over the world.
https://www.nytimes.com/2022/05/24/technology/inflation-measure-cpi-accuracy.html
You obviously didn’t read your own article. It dismantles the argument that the calculation is vastly changed, and acknowledges a change in how housing prices are weighted in 1983 might change the equation by 1 point for some people looking to buy a home. Not in the “last two years,” as stated by the comment above.
https://archive.ph/zvtPw
And your article literally cites data from the BLS website so I guess you’re shilling for the government?
Look another one stating how the government keeps changing the formula to make CPI go down.
https://www.forbes.com/sites/qai/2023/01/23/supercore-inflation-excludes-food-energy-and-housing/
Yea, but keep lying to the people.
You are confusing yourself. That article sites the BLS website to explain the differences between core and super core indexes. Both are publicly available, and neither are new. The formula for either number hasn’t changed significantly in decades (1983 when housing price weight was changed).
Another article.
https://thehill.com/business/3856258-cpi-calculation-to-be-revised-for-january-price-data/
I really wish you ppl would stop the gaslighting. This is why things are getting worse.
Owners’ equivalent rent of residences (OER) has nothing to do with the headline CPI numbers. The article you’re referring to literally cites the BLS website, and talks about a separate number not covered by any headlines or indexes in this post.
Nice try.