Atlanta Fed tool drills CPI down to a more individual level
The one issue with CPI calculations is that it doesn't differentiate between people's spending habits. The Atlanta Fed has designed a funky tool to give a more individual reading of inflation
At ForexLive we often hear that official inflation readings are at odds with what people are really seeing on the streets. Well, this tool may add a little colour to those official numbers
It's obviously based for US citizens but worth a play anyway