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A comment on Skimpflation: A reason inflation is worse than the government says it is. Parent comment

Re:Skimpflation: A reason inflation is worse than the govern... by froh on Monday November 01, 2021 @03:06AM (#29063803)
To calculate that baskets value, they have to collect market data for all the items in the basket, right?

Wouldn't it be lovely to have a web site under .gov where I can create my basket, and then I see my personal inflation?

Here is the one for Germany: https://www.destatis.de/DE/Service/Statistik-Visualisiert/pe...

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Re:Skimpflation: A reason inflation is worse than the govern... by wodenokoto on Monday November 01, 2021 @03:10AM (#29063817)
Strictly speaking you’d only be able to make a subset basket.

But yes, the basket should be public information.

At least I can’t figure out how to game it meaningfully.

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Re:Skimpflation: A reason inflation is worse than the govern... by mr_toad on Monday November 01, 2021 @07:52AM (#29065518)
With some work you could do it yourself. The BLS produces price indexes at a fairly low level, and adding your own weights is high school math.

Many industries and businesses do this.

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