[yostrovs]

It is a good point. Inflation can be argued as an effect that impacts different people differently. If you're a vegetarian, rising beef prices do not affect you. So using an inflation indicator such as produced by the Fed and other organizations is not accurate for you as a person. I do indeed see inflation and it seems much more than the 5 to 8 percent that is published by the various inflation gauges. I'm not an average person and there really isn't an average person out there and we get impacted in different ways.

[tarsinge]

Also the issue with aggregates indicators is that some expenses can be more easily adapted than others: it’s easier to buy a less powerful smartphone/TV/GPU than to heat or eat less.

[lotsofpulp]

Food prices does not mean much when houses go for a few hundred thousand more within a couple years, or daycare prices increase from $15k/year to $16k to $17k or health insurance deductibles go from $3k to $5k to $7k.

For a young family that is interested in buying a house, food/gas does not even register.