• ptsdstillinmymind @lemmy.studio
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    1 year ago

    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.

    • ImFresh3x@sh.itjust.works
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      1 year ago

      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:

      Changes to the CPI establishment frame (2019-2020)

      •Replaced Telephone Point-of-Purchase Survey (TPOPS) as source of retail establishment frame with data from the Consumer Expenditure Surveys (CE)

      •Eliminated redundancies and inefficiencies in survey operations and reduced household burden Use of Quarterly Census of Employment and Wages business registry to refine the location and address data from the CE

      • Use of Quarterly Census of Employment and Wages business registry to refine the location and address data from the CE

      “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.