| ▲ | nerdsniper 2 hours ago | |
Americans spend a significant portion of their income on food and fuel, which are excluded. Historically, these together accounted for about 15% of their income, probably up to 20% after recent price increases. | ||
| ▲ | zeroonetwothree 2 hours ago | parent [-] | |
They are not excluded from CPI. You may be thinking of “core” inflation but the baseline CPI includes those. | ||