I hear you, and I am trying to grapple with this myself.
So the cost of bricks went up by X, and maybe the cost of electricity also went up by Y, and the labor costs are also higher by Z, but adding them all up, my costs are not up by X + Y + Z, but something less than that. Should that be part of CPI? Is that part of CPI? Is that part of something else? Very interesting in knowing an official economist take on this.
So the cost of bricks went up by X, and maybe the cost of electricity also went up by Y, and the labor costs are also higher by Z, but adding them all up, my costs are not up by X + Y + Z, but something less than that. Should that be part of CPI? Is that part of CPI? Is that part of something else? Very interesting in knowing an official economist take on this.