Concerns Arise Over CPI Data Accuracy with Response Rates Lagging The consumer price index continued to draw relatively weak response rates in 2023, calling into question the accuracy of the widely watched US inflation data.The share of completed surveys that were used in the CPI estimation stood at 71% in 2023, the Bureau of Labor Statistics said Friday. While that’s been ticking up in recent years, it’s still well below the pre-pandemic trend of near 80%. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Economic Confidence at Odds: Strong Indicators vs. American Pessimism READ MORE Markets underestimate risk of inflation re-accelerating, says PIMCO READ MORE Fidelity's Macro Guru Sees Bitcoin Reaching $6 Trillion Valuation READ MORE Ukrainian Drones Strike Deep, Hitting Major Russian OilRefinery READ MORE March jobs data points to ongoing ‘resistance from wages’ READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
