Inflation rose just 0.2% in June, less than expected as consumers get a break from price increases
Inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration in costs and easy comparisons against a time when price increases were running at a more than 40-year high.
That’s not true, nor would an adjustment in how each item is weighted change the final number significantly. When they change the weighting they do it to more accurately reflect consumer spending.
This line is repeated over and over, without sourcing. Internet doomers aren’t smarter than the highly qualified statistics experts at BLS.
It’s been changed 7 times since 78
Most recently these were the changes, very well documented. Nothing sounds suspicious
Changes to the CPI establishment frame (2019-2020) Replaced Telephone Point-of-Purchase Survey (TPOPS) as source of retail establishment frame with data from the Consumer Expenditure Surveys (CE) Eliminated redundancies and inefficiencies in survey operations and reduced household burden Use of Quarterly Census of Employment and Wages business registry to refine the location and address data from the CE For more on the history of the CPI and price change in the U.S see
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