this post was submitted on 26 Apr 2025
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The official inflation rate doesn't include food or energy. It's ridiculous.
Food and products have 2.3x'd since just before covid started.
The most funny thing was the "I can't eat an iPad" reply, when someone from the Fed tried to explain these mental gymnastics
https://www.wsj.com/articles/SB10001424052748704893604576199113452719274
It does include food and energy, but they also separately report a "core" inflation that excludes those items because food and energy tend to go up and down.
Or up and less up