The BLS Will Tinker With CPI More Regularly from 2023.

#inflation #economy #government #statistics #money

Today we will look at some changes to the way the BLS calculates the CPI and how it will, in my opinion, help Uncle Sam fudge the real rise in consumer prices.

Something’s different about the consumer price index this month: https://www.marketplace.org/2023/02/14/bls-index-consumer-price-index-formula-calculation/

Food Prices and Spending: https://www.ers.usda.gov/data-products/ag-and-food-statistics-charting-the-essentials/food-prices-and-spending/#:~:text=Total%20food%20budget%20share%20increased,from%20home%20(5.1%20percent)

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