Indicators
US CPI Email to ‘Super Users’ Was a Mistake, BLS Official Says
- Bureau of Labor Statistics hosts webinar on rent inflation
- Agency says email didn’t tell whole story of jump in key gauge
This article is for subscribers only.
The US Bureau of Labor Statistics said it doesn’t maintain a list of “super users,” and an email last week addressed to that group regarding a key measure of rental inflation was “a mistake.”
“The staff member was replying to multiple inquiries for information about the CPI for rent and OER,” Jeffrey Hill, associate commissioner at the BLS, said in a webinar Thursday. He was referring to owners’ equivalent rent, which was a large factor behind the robust reading of the January consumer price index.