I wonder how the data looks IF they would adjust for the size of the package things are coming in. We are paying more per unit on all items.
I wonder how the data looks IF they would adjust for the size of the package things are coming in. We are paying more per unit on all items.
They routinely collect info on the prices of specific quantities
My favorite packaged goods tomfoolery has been frozen pizzas and Haagen Daaz keeping the same size containers whilst shrinking the contents. Haagen Daaz cleverly lifted the bottom of the container whilst also increasing price. FRED data adjusts for weight/ unit already - I assume BLS would too?
A dozen is now 10.
A man on M Street yells, “The president’s a fool!” The FBI throw him down & cuff him, “It’s illegal to insult President Trump!” “You don’t understand! The Chinese President, Xi Jinping, that’s who I was insulting!” says the man. The officer says, “Can’t fool us. Everyone knows who the moron is.”