Inflation hasn’t been 6-7% for three years. It was only around that level in 2021 and 2022. And no, the BLS is not tracking your individual rent and things you see in the grocery store. They track averages.
People argue about what should be included in CPI, and how accurately it measures inflation. But what you’re saying is just wrong, or exaggerated based on your personal experience.
So you are looking at an old article that only references the first two months of the year. If you check the actual BLS website, you’ll see something very different:
Inflation hasn’t been 6-7% for three years. It was only around that level in 2021 and 2022. And no, the BLS is not tracking your individual rent and things you see in the grocery store. They track averages.
People argue about what should be included in CPI, and how accurately it measures inflation. But what you’re saying is just wrong, or exaggerated based on your personal experience.
2021: 7%
2022: 6.5%
2023: 6%
Source: https://www.investopedia.com/inflation-rate-by-year-7253832
Okay
You missed this:
So you are looking at an old article that only references the first two months of the year. If you check the actual BLS website, you’ll see something very different:
https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm
You just went to Google and clicked the first link you saw. That’s why I told you to read more.