Sentences with phrase «official inflation index»

The problem was that the official inflation index no longer reflected many people's personal shopping basket.

Not exact matches

Minutes of the Fed's March 20 - 21 policy meeting published this month showed officials expected the annual PCE price indexes to accelerate in March partly because of «the arithmetic effect of the soft readings on inflation in early 2017 dropping out of the calculation.»
Minutes of the Fed's March 20 - 21 policy meeting published on April 11 showed officials expected the annual PCE price indexes to accelerate in March partly because of «the arithmetic effect of the soft readings on inflation in early 2017 dropping out of the calculation».
The problem is that inflation has been sluggish lately — if we're using the official consumer price index (CPI).
Going back to the «Halloween surprise» comparison, we observed that the U-Tokyo CPI indicator (a «nowcast» of daily inflation using scanner prices at grocery stores) was greatly under - performing its «official» index component in October 2014.
Nevertheless, prescription drugs CPI is only 1.37 % of the aggregate index (according to a BLS official at the time of writing), thus the overall effect on medical care inflation and headline aggregate index should be limited.
(I'm not talking about official numbers which are not believable except by the brainwashed; I'm talking about the real rate of inflation reported by the Chapwood index or shadowstats.com.)
Unlike public - sector workers and our elected officials, most middle - class wage earners in the private sector lack the inflation - indexed defined benefit pensions the public sector enjoys, which are ultimately backstopped by taxpayers.
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