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What's in the CPI and what does it actually measure?

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
What's in the CPI and what does it actually measure?Nils Versemann/Shutterstock

So you don’t believe the official inflation figures. Why would you? They show prices climbing at an annual rate of 1.1%

On Wednesday the update for June quarter is likely to show prices climbing at an annual rate three times as high — somewhere between 3% and 4%, which will probably be another reason you...

Read more: What's in the CPI and what does it actually measure?

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