Quote:
Originally Posted by flatout
Which begs the question of why the inflation is being so under-reported. Food cost are rising astonomically. Look for beef to increase close to 40%, peanut butter +40%, grains and vegatables going up but somehow inflation it being reported as being flat with the exception of fuel.
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One of the items factored into the Cost of Living Index is the cost of buying a house. Most people don't buy one every year, so it's really misleading to include it. With Real Estate values dropping & houses being a "Big Ticket Item", their inclusion in the CofL Index has pulled the Inflation Rate back from accurately reflecting the true changes in the costs.