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 Gold Nears Two-Month High Amid Anticipation of US Rate Cut READ MORE Credit Card Debt: America's $1.13 Trillion Problem READ MORE Middle East Tensions Rise: Recent Strikes Near U.S. Base in Syria Escalate Ongoing Conflict READ MORE Gold Price Hovers at Record Peaks: Eyes Set on Fed's Powell for Rate Cut Hints READ MORE January Inflation Breakdown READ MORE Add a Comment Cancel replyYour email address will not be published.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
