2min chapter

Odd Lots cover image

Omair Sharif Explains How Inflation Measures Really Work

Odd Lots

CHAPTER

How Much Mayonnaise Is a Restaurant Really Buying Based on CPI?

A restaurant in north carolina was quoted as saying that he was spending 200 dollars more per week in mayonnaise because of inflation. When it comes to forecasting, you're probably going to want a stick, for example, with looking at the food at home index. You have to make some choices about the timeliness of your forecast and how into the weeds you're going to be able to go," she says.

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