Monthly Archives: April 2013

Inflation and Inflation Indicies

MIT has taken a novel approach to calculating inflation by pulling prices of approximately 1/2 million items from online retailers.  The results are published as part of their Billion Prices Project (BPP)  @ http://bpp.mit.edu/usa .  Note that one would expect that the BPP index to lead the CPI (Consumer Price Index) due to the higher […]