Quote:
Originally Posted by Wilharm
The government does not include food or gasoline in the CPI. So if you don't eat or drive you have nothing to worry about.
|
The CPI does include food and energy. You are referring to CPI-U for All Items Less Food and Energy. This index is closely watched by many economic analysts and policymakers under the belief that food and energy prices are volatile and are subject to price shocks that cannot be damped through monetary policy.