Monday, October 17, 2005
For anyone questioning the methodology used in my previous post today, please take note of the following chart. It is generated directly from BLS data using the database query at CPI home, and it tells the story all by itself.
This link will take you directly to the query page, and after a little fiddling with formatting options, you get this:
Shelter includes the following subcategories and weightings (as of 2003):
Falling interest rates do not explain the low and stable shelter inflation on this chart.