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Replying to Avatar Mark Harvey

Consumer Price Inflation (CPI) calculated using the 1980 methodology by Shadowstats:

Using the 1980 methodology, CPI is still about 12.5% YoY compared to the 4.9% reported by the Bureau of Labor Statistics.

For background, the methodology used to calculate CPI has changed several times since 1980 in order to show a lower CPI number.

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GrayRuby 2y ago 💬 1

Does this account for shrinkflation. Packaged goods getting smaller by the day.

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Mark Harvey 2y ago

I don’t think it that would be reflected here.

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