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by a_136_chiffa 2932 days ago
Not really - the inflation is currently reported on a "reference consumer basket", which doesn't really represent different segments of society.

In other terms, if you are spending on health care of education you are in a really bad place - prices for those services have risen at about 8x the inflation rate over the last 40 years. IF you are purchasing or building a house you will face prices 3x inflation price. However, if you are mostly buying electronics and software, the prices have actually fallen by about 50-80% over the same period.