Inflation.co – track inflation in real time
inflation.co
Inflation.co – track inflation in real time
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Re: Inflation.co – track inflation in real time
#2Great idea but I don't think it's broad enough. You might want to pick a popular product that uses a broad spectrum of ingredients that better represent what people regularly use . The Thanksgiving meal comes to my mind at this time.
Take a clue from the Big Mac Index or the Christmas Price Index.
Re: Inflation.co – track inflation in real time
#3Great idea but I don't think it's broad enough. You might want to pick a popular product that uses a broad spectrum of ingredients that better represent what people regularly use . The Thanksgiving meal comes to my mind at this time. Take a clue from the Big Mac Index or the Christmas Price Index. https://en.wikipedia.org/wiki/Big_Mac_Index https://en.wikipedia.org/wiki/Christmas_Price_Index
Thanks for taking a look! I do like both those indices. As the Big Mac Index looks at inter-country comparisons and I'm looking at intra-country (US). That said, I'm going to see if:
a) it's possible to get pricing data on Big Macs city by city in the US b) do the prices change with any frequency?
WRT b) I am very fascinated by the fact that grocery prices are changing daily within the same major super market within the same city. I can't really understand why and that isn't inflation, that's just pricing. Pricing based on .... ?