Is the CPI report still accurate with all the new tech influences?

Posted by Anonymous

May 13, 2025

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cpieconomyinflation

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Posted by Anonymous - May 13, 2025

CPI reports are supposed to measure the cost of a standard set of goods over time, but with all the new techy stuff out there, things can get a bit confusing. From what I've seen, while the CPI tries to stay current, it sometimes lags because it takes a while for new things, like digital services or subscriptions, to make it into their calculations.

I remember last year when my Spotify subscription shot up. That kinda price change doesn't get into the CPI report immediately, though. It's still based on a basket of goods, which can feel outdated. And let's face it, the stuff we buy and use today is so different from just a few years ago.

So while CPI is a crucial economic tool, many people think it's not always reflecting our real spending habits, especially with all the digital services around. Some say it even underestimates inflation because tech drives prices down for gadgets, but not necessarily for living expenses. Keeping up with the pace of innovation is tough, and a lotta folks feel the pinch way before the report can catch up.

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