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by throw0101a
1248 days ago
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> 1. There are things like “shrink-flation” not captured. Poppycock. From StatCan, who do the CPI numbers in Canada: > 7.10 Quantity adjustment entails accounting for changes in the quantity (e.g. package size, number of tissue ply, etc.) of observed POs. This is another implicit method of quality adjustment because it is assumed that the quality per standardized unit is the same over time. * https://www150.statcan.gc.ca/n1/en/pub/62-553-x/62-553-x2019... > 2. Fuel is only down because the US has used its strategic reserve to increase supply. Fuel is down in Canada as well, which has no strategic reserve. Or it could be because geopolitical events have stabilized a bit and global oil prices are down: * https://fred.stlouisfed.org/series/DCOILWTICO |
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