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In Reply to: Oh... c'mon... we all know the inflation is 1.5%! posted by Victor Khomenko on March 25, 2021 at 07:43:00:
(later CPI - earlier CPI) / earlier CPI X 100 = inflation rate
varies by locale
varies by measured time frame
varies by goods / services measured
CPI is a lagging indicator not just because of reporting cycles it's because it's affected by Store of value, Medium of exchange, Unit of account ... 'true inflation' figures are always forensic
with regards,
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Follow Ups
- RE: Oh... c'mon... we all know the inflation is 1.5%! - rivervalley817 03/25/2109:47:18 03/25/21 (4)
- RE: The only thing inflated by 1.5% was my Social Security check. - B. Scarpia 11:09:11 03/25/21 (3)
- RE: The only thing inflated by 1.5% was my Social Security check. - rivervalley817 11:22:16 03/25/21 (2)
- RE: EWWWW!!! - B. Scarpia 11:48:41 03/25/21 (1)
- RE: EWWWW!!! - rivervalley817 12:05:00 03/25/21 (0)