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CPI Notably Understated Inflation Example Kevin’s Home Alone Christmas Grocery Bill

by Larry Chiang on December 21, 2023

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Example Kevin’s Home Alone Christmas Grocery Bill up to $54.94 from 19.83

 
 
Lyn Alden
⁦‪@LynAldenContact‬⁩
Kevin’s Home Alone grocery bill increased 177% since 1990. It was a mix of food and housekeeping supplies.

Since that time, official food CPI increased by 151%, and housekeeping supplies CPI increased by 88%.

So for this particular sample, CPI notably understated inflation. pic.twitter.com/WNHTxvArQh

 
12/21/23, 2:56 PM
 
 
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CPI Notably Understated Inflation in Kevin’s Home Alone Grocery Bill

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