this post was submitted on 15 Jul 2023
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The central bank is raising rates to fight inflation. No one else seems willing to help

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[–] zephyreks 5 points 2 years ago (1 children)

The main purpose of CPI is to see if Canadians can still make ends meet. It's not supposed to express price increases, but cost of living increases.

People change their habits as prices change. That's well-known.

[–] Rodeo 2 points 2 years ago (1 children)

So maybe it should be called the Buying Habits Index then.

[–] glib 2 points 2 years ago

We could call it the Cost of Not Dying if you prefer