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To: stockpirate
1. Containers have become smaller while prices remain the same, INFLATION, less product for the same price.
That's accounted for in the calculations. Changes in quality, which include size, are adjusted. If a $1.00 can of tuna goes from 5 oz to 4.8 oz and stays a dollar, that is recorded as a 4.2% price increase.

2. Fuel and food are no longer in the inflation list of items
Yes they are.
http://www.bls.gov/news.release/cpi.nr0.htm

Number 3 is addressed in point one.
86 posted on 10/23/2015 11:23:42 AM PDT by pinqy27
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To: pinqy27

Interesting that you signed up to post an answer. I read the link and I see nothing that states they look at decreased portion size at the same price.

Ground beef is about $5.00 a pound, I used to pay that for steak.


94 posted on 10/25/2015 2:10:18 PM PDT by stockpirate (The Republican leadership are all fascist/Socialists, just like the fascist democrats.)
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To: pinqy27; everyone

Welcome a newbie.......


95 posted on 10/25/2015 2:15:24 PM PDT by stockpirate (The Republican leadership are all fascist/Socialists, just like the fascist democrats.)
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