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Saturday, February 05, 2022

Wasting Away In Inflationville! Flexible CPI YoY Hits 18%, Highest In History (House Price Growth At 18.8% While REAL Wage Growth Crashes)

https://confoundedinterest.net/2022/02/04/wasting-away-in-inflationville-flexible-cpi-yoy-hits-18-highest-in-history-house-price-growth-at-18-8-while-real-wage-growth-crashes/

The Flexible Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively frequently. Because flexible prices are quick to change, it assumes that when these prices are set, they incorporate less of an expectation about future inflation.

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