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A comment on Code and data for The Economist's Big Mac index. Parent comment

Re:Code and data for The Economist's Big Mac index by teruakohatu on Monday February 17, 2020 @09:40PM (#22352993)
It is easy to calculate. A gallon of milk today is essentially the same as a gallon of milk 100 years ago. Same with gasoline and cans of beans.
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Re:Code and data for The Economist's Big Mac index by rory096 on Monday February 17, 2020 @10:33PM (#22353233)
That's not accurate. CPI adjusts both in basket composition and the more nebulous hedonic quality adjustment. The TV you bought for $500 today is not the same as the one you bought for an equivalent price 30 years ago.
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Re:Code and data for The Economist's Big Mac index by riffraff on Tuesday February 18, 2020 @03:48AM (#22354470)
it is actually very interesting to see the variations in CPI baskets.

I recall, for example, when the standard basket in Italy used to contain Sambuca[0], and was updated in the '00s to instead include Limoncello[1] due to changed consumer habits.

[0] Anise-flavoured liquor, often added to coffee https://en.wikipedia.org/wiki/Sambuca

[1] Lemon-zest flavoured liquor https://en.wikipedia.org/wiki/Limoncello

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