Many Italian consumers have complained that the government statistics agency hasn't accurately calculated increases, underreporting true inflation by not accounting for price jumps of cappuccinos and other unmonitored goods.
12.
If those figures aren't impressive enough, consider that most economists agree the CPI overstates the true inflation rate by between 0 . 5 percent and 1 . 5 percent.
13.
A panel of economists led by Michael Boskin presented a report to Congress last month that estimated that the CPI overstated true inflation growth by about 1.1 percent a year.
14.
Keane said today's array of economic reports contained only one true inflation indicator-- the average hourly earnings component in the jobs report-- and that showed wages didn't budget last month.
15.
The change in Swedish inflation calculations follows complaints that the consumer price figures don't reflect the country's true inflation rate, a point the central bank made repeatedly earlier this year.
16.
A panel of economists led by Michael Boskin presented a report to Congress last month that estimated that the CPI overstated true inflation growth by about 1 . 1 percent a year.
17.
Alan Greenspan, chairman of the Federal Reserve, has suggested that these adjustments overstate true inflation; reducing them by 1 percent a year could save $ 55 billion annually by the end of the century.
18.
"The main issue has been the size of the overestimate, " the economists said, citing a finding by a commission headed by Stanford University economist Michael Boskin that the price index likely overstates true inflation by 1.1 percentage point per year.
19.
"The main issue has been the size of the overestimate, " the economists said, citing a finding by a commission headed by Stanford University economist Michael Boskin that the price index likely overstates true inflation by 1 . 1 percentage point per year.
20.
Given that many economists believe that the government's index of consumer prices tends to overstate true inflation by anywhere from half a percentage point to a whole point, " essentially no inflation is showing up now, " said Allen Sinai, chief global economist at Lehman Brothers.
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