How to Measure Price Inflation Accurately

We all experience price increases in multitude of forms, depending on our personal expenditures. What you spend your money on versus what I spend my money on will result in different expenditure patterns and therefore different levels of inflationary pressures. The volume of data matters in this world. If you can work directly with the sources like retailers, when you can work with retail aggregators to collect all this data, you can use that as a far more accurate source of price changes in the marketplace than what you're basing on.