That’s cost of living, a separate measurement, and is also a significant factor.
If your inflation calculation excludes housing, education, and medical care, maybe.
Lyra_Lycan@lemmy.blahaj.zone 19 hours ago
HubertManne@piefed.social 19 hours ago
yeah I was gonna say that $5 for me at the grocery store is more like $20 now. One thing I complain about a lot is places that won’t take over a $20 nowadays. Yeah in the 80’s I could understand when you would get change after buying the weeks groceries with one, but since $100 is the largest denomination consumers have access to they should accept anything.
SpaceNoodle@lemmy.world 19 hours ago
Yup, exactly how the BLS CPI calculator works