[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

John Rich – Calling Out P. Diddy, TVA Scandal, and Joel Osteen | SRS #232

Capablanca Teaches Us The ONLY Chess Opening You'll Ever Need

"How Bruce Springsteen Fooled America"

How ancient Rome was excavated in Italy in the 1920s. Unique rare videos and photos.

Reagan JOKE On The Homeless

The Deleted Wisdom (1776 Report)

Sicko Transfaggots video

The Englund Gambit Checkmate

20 Minutes Of Black DC Residents Supporting Trump's Federal Takeover!

"Virginia Public Schools Deserve This Reckoning"

"'Pack the Bags, We're Going on a Guilt Trip'—the Secret to the Democrats' Success"

"Washington, D.C., Is a Disgrace"

"Trump Orders New 'Highly Accurate' Census Excluding Illegals"

what a freakin' insane asylum

Sorry, CNN, We're Not Going to Stop Talking About the Russian Collusion Hoax

"No Autopsy Can Restore the Democratic Party’s Viability"

RIP Ozzy

"Trump floats 'restriction' for Commanders if they fail to ditch nickname in favor of Redskins return"

"Virginia Governor’s Race Heats Up As Republican Winsome Sears Does a Hard Reboot of Her Campaign"

"We Hate Communism!!"

"Mamdani and the Democratic Schism"

"The 2nd Impeachment: Trump’s Popularity Still Scares Them to Death"

"President Badass"

"Jasmine Crockett's Train Wreck Interview Was a Disaster"

"How Israel Used Spies, Smuggled Drones and AI to Stun and Hobble Iran"

There hasn’T been ... a single updaTe To This siTe --- since I joined.

"This Is Not What Authoritarianism Looks Like"

America Erupts… ICE Raids Takeover The Streets

AC/DC- Riff Raff + Go Down [VH1 Uncut, July 5, 1996]

Why is Peter Schiff calling Bitcoin a ‘giant cult’ and how does this impact market sentiment?

Esso Your Butt Buddy Horseshit jacks off to that shit

"The Addled Activist Mind"

"Don’t Stop with Harvard"

"Does the Biden Cover-Up Have Two Layers?"

"Pete Rose, 'Shoeless' Joe Reinstated by MLB, Eligible for HOF"

"'Major Breakthrough': Here Are the Details on the China Trade Deal"

Freepers Still Love war

Parody ... Jump / Trump --- van Halen jump

"The Democrat Meltdown Continues"

"Yes, We Need Deportations Without Due Process"

"Trump's Tariff Play Smart, Strategic, Working"

"Leftists Make Desperate Attempt to Discredit Photo of Abrego Garcia's MS-13 Tattoos. Here Are Receipts"

"Trump Administration Freezes $2 Billion After Harvard Refuses to Meet Demands"on After Harvard Refuses to Meet Demands

"Doctors Committing Insurance Fraud to Conceal Trans Procedures, Texas Children’s Whistleblower Testifies"

"Left Using '8647' Symbol for Violence Against Trump, Musk"

KawasakiÂ’s new rideable robohorse is straight out of a sci-fi novel

"Trade should work for America, not rule it"

"The Stakes Couldn’t Be Higher in Wisconsin’s Supreme Court Race – What’s at Risk for the GOP"

"How Trump caught big-government fans in their own trap"

‘Are You Prepared for Violence?’


Status: Not Logged In; Sign In

Economy
See other Economy Articles

Title: Playing with Official Inflation Statistics: An Example from Germany
Source: Ludwig Von Mises Institute
URL Source: https://mises.org/power-market/play ... ion-statistics-example-germany
Published: Sep 19, 2023
Author: Karl-Friedrich Israel
Post Date: 2023-09-19 18:35:57 by Charles_Byrd
Keywords: None
Views: 166

The Harmonized Index of Consumer Prices (HICP) consists of 12 subindices, which are weighted according to their shares in total household expenditures. If, for example, food and non-alcoholic beverages (subindex 1) account for 15% of expenditures, they should also be given a weight of 15% in the overall index. In this way, each expenditure category would be given the importance it has for an average household. This is the claim of official statistics. But here, too, as so often, aspiration and reality diverge.

In Germany, the traditionally largest subindex covers housing, water, electricity, gas and other fuels (subindex 4). It has always accounted for more than 21% of the overall index since the mid-1990s. Between 2020 and 2022, the weight had increased to slightly more than 25%. The official statistics thus assumed that German households spend on average around a quarter of their total expenditure on goods of this category. This is too little in the eyes of some critics. Many households spend significantly more on goods of this type. In larger urban areas, households often spend more than a third of their income on rent alone.

Click for Full Text!

Post Comment   Private Reply   Ignore Thread  


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com