The Consumer Price Index (CPI)is a heavily criticized measure of inflation because

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The CPI has been criticized for consistently overestimating the increase in the cost-of-living, leading to higher inflation expectations and potentially impacting economic decisions such as wage negotiations and interest rate setting. The government does make adjustments to the CPI methodology and basket of goods, but some argue that these adjustments may not fully address its flaws.

The Consumer Price Index (CPI)is a Heavily Criticized Measure of Inflation