alt Hacker Newshttps://www.bls.gov/cpi/tables/relative-importance/home.htm
What do you find controversial, and would cause a material difference in the headline inflation rate?
https://www.bls.gov/cpi/tables/relative-importance/home.htm
What do you find controversial, and would cause a material difference in the headline inflation rate?
Housing has a massive lag when it comes to CPI.
CPI works by asking how much people pay for rent. If home prices raise 20% in one year (not at all unreasonable in various times in the last ten years), it takes a long time for that to be reflected as many people have their rents fixed, some people have rent control, some landlords will only raise rents on new tenants, etc.