[Hugin]

Little things like food, energy and housing aren’t taken into consideration when determining the rate of inflation. What matters is that you can still buy cheap stuff from China.

[mazz44]

Shrinkflation is also, not calculated.

[khelus]

Little things like food, energy and housing aren’t taken into consideration when determining the rate of inflation. What matters is that you can still buy cheap stuff from China.

Actually they are. However they are subject to major manipulation including chained dollars, hedonics, intervention analysis and seasonal adjustment.

That being said core inflation does not include items such as food and energy because they are deemed 'too volatile'. Core Inflation is what is usually cited in the MSM and conveniently used to evaluate the success of the Federal Reserve's monetary policies.