31 sats \ 0 replies \ @freetx OP 13 May
Meanwhile......
Seems like prices have gone up an average of 15% per year over the last 5 years - up 100% in that time period.
It seems obvious why they removed it....
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81 sats \ 2 replies \ @grayruby 13 May
This reminds me of a decade or so ago here in Ontario Canada when the mandatory math testing scores for kids were coming in too low and the teachers union suggested we just change the way it is scored to get the scores up rather than actually teaching the kids better. Haha.
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50 sats \ 1 reply \ @Turdinthepunchbowl 13 May
"Wherever you go, there you are"
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19 sats \ 0 replies \ @grayruby 13 May
Haha sounds about right
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31 sats \ 0 replies \ @gmd 13 May
Bought a black coffee from Starbucks the other day... $3.45 before tax... when did that happen ðŸ˜
Feels like just yesterday it was $2
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1052 sats \ 5 replies \ @Undisciplined 13 May
You have to be somewhat careful here, because these categories are very specific. Discontinuing a category is not the same as not tracking the items that were in that category, as they may be covered by another category that is being tracked.
That said, it is good to be on alert for this kind of data manipulation, since they do it all the time.
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52 sats \ 2 replies \ @freetx OP 13 May
Maybe....I do notice via shrinkflation that you hardly ever see "1 lb" of coffee anymore. Its usually packaged in 12 or 14oz bags.
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0 sats \ 1 reply \ @Undisciplined 13 May
The coffee description is what made me think about this.
They may have made a new category that would included both cans and bags of the same size range. We buy our coffee at Costco, so ours would have to be captured in another category entirely.
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173 sats \ 0 replies \ @freetx OP 13 May
I think you are right.
I think this is some old "expired" category. When I pull data for this category number, the last data is from 1988?
So there must be another category its reporting under.
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10 sats \ 1 reply \ @siggy47 13 May
Is there a good source to really get down in the weeds re individual items?
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10 sats \ 0 replies \ @freetx OP 13 May
The site is wonky, but if you go to:
https://www.bls.gov/cpi/data.htm
And then choose "Average Price Data -- One Screen" that should take you where you can get individual data
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0 sats \ 0 replies \ @SatsMate 14 May
If they keep doing these hedonic adjustments forever, then eventually they won't be left with anything to adjust. This 1984 Orwellian future we are living in is out of control! State the inflation rate as it is!!!! It isn't that hard.
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0 sats \ 0 replies \ @TNStacker 13 May
Gotta keep the Ponzi going ..
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0 sats \ 0 replies \ @023d38f249 13 May freebie
Ahh the old vegetable oil actually seed oil trick