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The USA Inflation Rate by Truflation Is 4.21%

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Re: The USA Inflation Rate by Truflation Is 4.21%

#71
post #66
post #63

Earlier quoted context omitted.

that's an excellent point. Clarify a bit the notion of the fixed basket, I'm thinking mostly of unit prices. I think that could get a bit fuzzy too because of practices like shrinkflation cluttering up the analysis. I think SKUs should actually be tied to fixed things like weight where applicable. I wonder what the rules are surrounding that, basically make it so that if you change the weight of a product you have to…

By "fixed basket" I'm talking about the issue of people getting higher quality goods as their income increase, or buying more or less of something (eg. takeout) as their lifestyle changes.

yah those instances I would think would break a given "SKU run" if you will, it would have its run in an individual's life under a given time regime. It would phase in and it would phase out.

Re: The USA Inflation Rate by Truflation Is 4.21%

#72
post #25

This makes sense. It has been one years since the war started which was the leading cause of inflation. Now with the first year passed, we compare today’s prices to after war prices a year ago, which were already high. I’m expecting the rate go down further the next months. EDIT: of course I’m not suggesting inflation started on the day bullets started flying. Things were heating up before with Russia slowing down ex…

Well, that certainly hasn't reflected in the UK's inflation rates. Up to 10.4% this month.

Re: The USA Inflation Rate by Truflation Is 4.21%

#73
post #71
post #66

Earlier quoted context omitted.

By "fixed basket" I'm talking about the issue of people getting higher quality goods as their income increase, or buying more or less of something (eg. takeout) as their lifestyle changes.

yah those instances I would think would break a given "SKU run" if you will, it would have its run in an individual's life under a given time regime. It would phase in and it would phase out.

I had to lookup some of these points on SKUs, this is good background https://www.shopify.com/retail/what-is-a-sku-number

Re: The USA Inflation Rate by Truflation Is 4.21%

#74
post #24

Earlier quoted context omitted.

I wonder if we all tabulated all our expenses in the most fine grained detail and calculated our own personal rates of inflation how meaningful it would be to have percentiles of our population to say things like 50% of citizens experience a personal inflation rate of x.xx%. That would be very fascinating. I'm almost there myself with some web order scraping I've been playing with. It's a lot of work but once I tackl…

That's a pretty novel concept - you've inspired me : )

hey that's awesome, what are you planning to do with it. Sounds like something to look forward to. Keep me posted.

Re: The USA Inflation Rate by Truflation Is 4.21%

#75
post #25

This makes sense. It has been one years since the war started which was the leading cause of inflation. Now with the first year passed, we compare today’s prices to after war prices a year ago, which were already high. I’m expecting the rate go down further the next months. EDIT: of course I’m not suggesting inflation started on the day bullets started flying. Things were heating up before with Russia slowing down ex…

The war is a factor but a lot smaller than people seem to think it is. I think it was the OECD showing a larger part in the UK, France and such is demand driven, monetary policy and such with supply chain issues also being a factor but faaar from entirely something we can chalk up to the war. Keep in mind Europe is more affected by the war's disruption, energy issues, etc
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