Is the CPI relevant and meaningful?
From all counts, the people affected by the high cost of living will have little faith in a CPI that does not reflect their plight. When prices of all their basic needs are shooting to the sky and the CPI said it was up by 3.6% is really a mockery and very insulting. If the CPI is spouting nonsense, it should be thrown out or replace by a more realistic and relevant ont. Can someone post the true items of the basket of goods that were used to measure the CPI here and let the people know what this CPI is all about? We would want to know the prices they used and the computation and see if this index is for real.