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this post was submitted on 01 Dec 2024
1249 points (98.8% liked)
Science Memes
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I keep track of my grocery bills going on 10 years now and 14-15% is spot on for what I buy.
Housing is more than 15% more expensive
It may as well be accounted in the inflation, but with a lower weight. Usually the institution responsible for calculation of the inflation will publish the methodology so one can see for emselve, real perceived inflation may be higher or even lower depending on what your consumption profile is.
Won't your consumption profile necessarily change if rent is raised and you have to buy fewer luxuries? Do the calculations take that into account?