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Kevonz t1_jef9h0t wrote

Reply to comment by xdzgor in Eurozone inflation falls sharply as energy prices drop by misana123

yes, if you don't just look at the food inflation like you are.

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TOOT1808 t1_jefjisj wrote

So the main cost for most people?

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Kevonz t1_jefl1ki wrote

Yes, the main cost, not all the cost.

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YoYoMoMa t1_jefuvk5 wrote

The reason certain things are not included in inflation (or are weighted) is because they are often things that vary in price outside of actual inflation, so they do not give a good view of if inflation is actually happening. Food and gas and housing often go in strange directions price wise for many reasons other than inflation.

Inflation is not trying to measure how much people have to spend to live. There are other measures for that.

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Professional-Web8436 t1_jefxs33 wrote

Main cost? Most of my money is spent on rent. Or retirement. Or gas. Or my car (fuel,repairs,etc.).

Food isn't even my top3.

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xdzgor t1_jeg4nkk wrote

I guess that sort of thing is very individual. My house payments have not changed at all. Food and natural-gas prices have skyrocketed, and I drive so little that petrol increases hardly affect me.

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