Welcome to Just Commodores, a site specifically designed for all people who share the same passion as yourself.
Nothing that goes up in price substantially actually ends up in the CPI calculation. The CPI measure is a complete crock of shite.Well, the 100% increase in LS3 price over the 5 years won’t show up in the official CPI numbers
Heck, the CPI basket of goods doesn’t even include petrol in the same way it used to pre 76. The ABS graph 2 in this link highlights the deviation from CPI post 76 (what I call the screw factor)… Government spin obviously projects a different story
Yep the real inflation rate is always much higher than the official inflation rate...Nothing that goes up in price substantially actually ends up in the CPI calculation. The CPI measure is a complete crock of shite.
And much, much higher than the rate of wages increases!Yep the real inflation rate is always much higher than the official inflation rate...
I remember when Holmart had LSAs for $13999 coulda shoulda wouldaHolmart is another place who had some LSAs last time I looked.