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Experimental CPI Index; BLS Disclaimer vs. Mish Recommended Disclaimer

By Ilene
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Courtesy of Mish.

Were you aware that in addition to the regular monthly CPI updates, the BLS also calculates an “Experimental CPI Index” for those age 62 and older?

Experimental CPI Index

The BLS overweights medical care and underweights other categories along with this disclaimer: “These analyses should be treated as tentative.”

Mish Recommended Disclaimer

“Serious cases of nausea and shock have been reported by those reading CPI reports. Pregnant or nursing mothers, those over the age of 55, those with high blood pressure, and those prone to laughing attacks are advised to not read CPI reports of any kind, regular or experimental.”

Mike “Mish” Shedlock
http://globaleconomicanalysis.blogspot.com

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