Is it time to change how we measure inflation?

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Measures of inflation are hugely influential on policy but struggle to account for the pace of technological innovation, says Paul Ormerod During this decade, the rate of inflation has become a key factor in determining living standards.

Many benefits are linked to it.

It sets a marker for wage demands.

And when it goes up, https://www.cityam.com/is-it-time-to-change-how-we-measure-inflation/">[...]