How much of that is apples and oranges? Somewhere in that history the government took commodity prices like food and fuel out of the calculations.
IIRC, food and fuel ARE including in core inflation figures, but not in CPI.
“How much of that is apples and oranges? Somewhere in that history the government took commodity prices like food and fuel out of the calculations.”
http://www.economicpolicyjournal.com/2011/06/shadow-stats-price-inflation-at-112.html