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Why CPI does not calculate inflation?
News
Too much creativity in calculating price increases may make
the statistics worth less (Source Missoulian
May 18, 2005)
No
inflation? The Fed says it can't find much inflation anywhere.
Consumers might argue otherwise. (CNN/Money Nov 2003).
For
an example of how CPI is calculated, scroll to Detail
for Compution of the Median CPI (Source Northern Trust).
Articles
In 1999 the government started using
a new formula to computer CPI. 
In 1995/1996 Government removed effect
of housing sale pricing increases
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