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"Core" CPI
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Author "Core" CPI
nodoodahs
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Joined: 06 May 2005
Posts: 2408
PostPosted: Thu May 19, 2005 12:15 pm    Post subject: "Core" CPI Reply with quote
There seems to be a lot of excitement about "core" CPI, which excludes "food" and "energy." Well, since I never buy gas, groceries, or propane, and live by candlelight, (my laptop is pedal-powered), I guess my prices didn't rise. If they want to level out the volatility of a component, they should use a Y-O-Y change or a TTM average, instead of excluding the component. After all, when all of the volatility seems to be "up" it is silly to exclude it.
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