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by d_t_w 1686 days ago
I'm not quite sure what 'housing' means in that quote because CPI specifically excludes most housing costs.

RPI takes into account housing costs such as mortgage interest payments, building insurance etc. I'm not sure what USA measure, but the UK shifted to CPI in 2003 to harmonise with EU.

So no, UK/EU/CPI inflation measures basically don't include housing related costs. Certainly not the price of houses, which might be the thrust of OPs point.

1 comments

I have no clue haha. I mean if it DOESN'T include housing doesn't that just mean that since housing costs are skyrocketing that this reported number is actually a lowball for inflation?