2006-11-29 14:51:54 · 3 answers · asked by wesleyelvis 2 in Business & Finance ➔ Investing
It's a way to gauge interest rates, but a poor way to gauge personnel inflation. If you love cheese and movies and have serious health care problems, your personnel inflation rate will probably be several times higher than the CPI. I was watching one show where this guy's personnel inflation rate jumped 1,500% from the previous year just because of what he bought.
2006-11-29 17:13:50 · answer #1 · answered by gregory_dittman 7 · 0⤊ 0⤋
Yes CPI and PPI, and the best indicators of inflation. Most bond traders use these indicators, and they also look at the speicific components of the index, like sometimes take out gas prices for better understanding.
2006-11-29 23:09:00 · answer #2 · answered by errai14 2 · 0⤊ 0⤋
Yes. By definition it IS the inflation rate.
2006-11-29 22:58:40 · answer #3 · answered by csanda 6 · 0⤊ 0⤋