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0 pointsd_t_w4y ago0 comments

I'm not quite sure what 'housing' means in that quote because CPI specifically excludes most housing costs.

RPI takes into account housing costs such as mortgage interest payments, building insurance etc. I'm not sure what USA measure, but the UK shifted to CPI in 2003 to harmonise with EU.

So no, UK/EU/CPI inflation measures basically don't include housing related costs. Certainly not the price of houses, which might be the thrust of OPs point.

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edmcnulty1014y ago

I have no clue haha. I mean if it DOESN'T include housing doesn't that just mean that since housing costs are skyrocketing that this reported number is actually a lowball for inflation?

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0 pointsd_t_w4y ago0 comments

I'm not quite sure what 'housing' means in that quote because CPI specifically excludes most housing costs.

RPI takes into account housing costs such as mortgage interest payments, building insurance etc. I'm not sure what USA measure, but the UK shifted to CPI in 2003 to harmonise with EU.

So no, UK/EU/CPI inflation measures basically don't include housing related costs. Certainly not the price of houses, which might be the thrust of OPs point.

0 comments

edmcnulty1014y ago

I have no clue haha. I mean if it DOESN'T include housing doesn't that just mean that since housing costs are skyrocketing that this reported number is actually a lowball for inflation?

j / k navigate · click thread line to collapse