this post was submitted on 26 Apr 2025
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[โ€“] [email protected] 92 points 2 days ago (3 children)

The official inflation rate doesn't include food or energy. It's ridiculous.

[โ€“] [email protected] 39 points 2 days ago

Food and products have 2.3x'd since just before covid started.

[โ€“] [email protected] 33 points 2 days ago (1 children)

The most funny thing was the "I can't eat an iPad" reply, when someone from the Fed tried to explain these mental gymnastics

https://www.wsj.com/articles/SB10001424052748704893604576199113452719274

[โ€“] [email protected] 1 points 1 day ago

https://archive.is/k6hU4

For those who don't have a plugin to bypass WSJ paywall

[โ€“] [email protected] 15 points 2 days ago (1 children)

It does include food and energy, but they also separately report a "core" inflation that excludes those items because food and energy tend to go up and down.

[โ€“] [email protected] 18 points 2 days ago

Or up and less up