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To: Texas resident
They don’t include food and fuel in those calculations.

Someone posts this in every thread about inflation, and it is not true. BLS releases two inflation numbers each month. The lead number that everyone talks about includes food and energy. This is from the BLS press release:

"In November, the Consumer Price Index for All Urban Consumers increased 0.1 percent, seasonally adjusted, and rose 7.1 percent over the last 12 months, not seasonally adjusted."

Then it states the inflation rate without the volatile energy and food:

"The index for all items less food and energy increased 0.2 percent in November (SA); up 6.0 percent over the year (NSA)."

The 7.1 that the original article references is the first inflation rate, which includes food and energy.

43 posted on 12/13/2022 9:20:13 AM PST by tnlibertarian
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To: tnlibertarian

The BLS lies.

Fuel is up a lot more than 7% and food is up at least 50%.


46 posted on 12/14/2022 8:06:25 PM PST by Texas resident (Who is running our country?)
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