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 De-Dollarization: Cross-Border Payment Platform to Include Currencies from Pakistan, India, and Chin READ MORE A Close Above $2,078/oz Sets a Record High Closing Price for Gold READ MORE Bonds Fall After ‘One-Two Punch’ of ISM READ MORE Markets on Edge: Continuing Coverage of Regional Banking Crisis READ MORE Fed's Michelle Bowman Emphasizes Caution in Monetary Policy to Counter Inflation READ MORE Add a Comment Cancel replyYour email address will not be published.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
