<story><title>Inflation rises to 6.8% year over year</title><url>https://www.bls.gov/news.release/cpi.nr0.htm</url></story><parent_chain><item><author>wonderwonder</author><text>Based on my anecdotal experience this seems to very much understate inflation. 
How is housing up only 3.8%? This site says over 17% rent increase nationally over the last year: &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.apartmentlist.com&amp;#x2F;research&amp;#x2F;national-rent-data&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.apartmentlist.com&amp;#x2F;research&amp;#x2F;national-rent-data&lt;/a&gt; which seems to be more accurate.  Anyone with a web browser knows that home prices have experienced a monumental increase.&lt;p&gt;Also a trip to the grocery store appears to cost me 50% more now for essentially the same goods. Every trip to the store pre-covid cost me around $100, now its $150. I do buy primarily proteins so that is the source of the increase but to ignore that seems ill advised.&lt;p&gt;Not generally a conspiracy theorist but unless the people that built this report are using some accepted formula that is very different than the real world this report seems to be intentionally underselling inflation.</text></item></parent_chain><comment><author>boc</author><text>The BLS has a very well-documented method [1] of measuring core consumer inflation. The basket of goods they track likely does not reflect your personal consumption patterns.&lt;p&gt;[1] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.bls.gov&amp;#x2F;opub&amp;#x2F;hom&amp;#x2F;cpi&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.bls.gov&amp;#x2F;opub&amp;#x2F;hom&amp;#x2F;cpi&amp;#x2F;&lt;/a&gt;</text></comment>
<story><title>Inflation rises to 6.8% year over year</title><url>https://www.bls.gov/news.release/cpi.nr0.htm</url></story><parent_chain><item><author>wonderwonder</author><text>Based on my anecdotal experience this seems to very much understate inflation. 
How is housing up only 3.8%? This site says over 17% rent increase nationally over the last year: &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.apartmentlist.com&amp;#x2F;research&amp;#x2F;national-rent-data&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.apartmentlist.com&amp;#x2F;research&amp;#x2F;national-rent-data&lt;/a&gt; which seems to be more accurate.  Anyone with a web browser knows that home prices have experienced a monumental increase.&lt;p&gt;Also a trip to the grocery store appears to cost me 50% more now for essentially the same goods. Every trip to the store pre-covid cost me around $100, now its $150. I do buy primarily proteins so that is the source of the increase but to ignore that seems ill advised.&lt;p&gt;Not generally a conspiracy theorist but unless the people that built this report are using some accepted formula that is very different than the real world this report seems to be intentionally underselling inflation.</text></item></parent_chain><comment><author>jacobr1</author><text>I&amp;#x27;m not sure if this is the case with these data sets, but one common difference that causes confusion are current advertised rates vs total inventory. It could both be true that apartments on the market cost 17% more, but all rents (including those not marketed or not renewing) are only up 3.8.&lt;p&gt;Another methodological difference might be mix of goods. For example, you probably can afford to pay 150&amp;#x2F;grocery-visit, but someone else might have just cut their meat intake, or switch to cheaper cuts, or have otherwise substituted such that maybe they pay $120. If you measure by the visit, or gross store receipts then the numbers will seem lower than they would comparing the same exact goods.</text></comment>