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re: The US BLS has announced that coffee prices will no longer be factored into CPI inflation

Posted on 5/12/24 at 6:58 pm to
Posted by Sterling Archer
Austin
Member since Aug 2012
7345 posts
Posted on 5/12/24 at 6:58 pm to
quote:

This is incorrect. The removal is a specific package size from the API, Coffee, 100 percent, ground roast, all sizes, per lb. (453.6 gm) remains in the API and coffee remains in the CPI. The screen grab in the tweet clearly says the API and does not mention CPI.


I can’t believe how many people glossed over that. These are the kind of people that are allowed to vote
Posted by LegendInMyMind
Member since Apr 2019
55036 posts
Posted on 5/12/24 at 7:00 pm to
quote:

I can’t believe how many people glossed over that. These are the kind of people that are allowed to vote

You know why they glossed over it.
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