Latest / How Canadian Markets Work
Episode 24: Inflation and the CPI (The Shared Basket Illusion)
Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode!
Episode Summary When the inflation rate is reported at three percent, why does almost everyone feel like their personal expenses are rising much faster? In this episode, John and Jane break down the mechanics of the Consumer Price Index (CPI). They explain why the published headline figure describes a "statistical average household" that actually exists nowhere in reality. The hosts detail the differences between headline and core inflation, expose a highly unique Canadian mortgage…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.