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by ponco 1344 days ago
As an Australian, with an economy always experiencing very high inflation (8%) I just immediately question what is the composition of the US CPI. Perhaps it’s not reflective or is disproportionately weighted
2 comments
richiebful1 1344 days ago
That doesn't seem to be the case in the statistics from the Australian Bureau of Statistics.

historical data: https://www.abs.gov.au/statistics/research/70-years-inflatio...

more recent history: https://www.abs.gov.au/statistics/economy/price-indexes-and-...

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coenhyde 1344 days ago
Australia has had a lot of asset inflation and is only recently starting to show in the consumer prices. eg afaik house prices are not included in the CPI
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amelius 1344 days ago
In some places it has become impossible to buy a house for some income levels.

Should the CPI be infinite?

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