Concerns Arise Over CPI Data Accuracy with Response Rates Lagging The consumer price index continued to draw relatively weak response rates in 2023, calling into question the accuracy of the widely watched US inflation data.The share of completed surveys that were used in the CPI estimation stood at 71% in 2023, the Bureau of Labor Statistics said Friday. While that’s been ticking up in recent years, it’s still well below the pre-pandemic trend of near 80%. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Yen's Volatility Complicates BOJ's Rate Hike Plans, Minutes Show READ MORE New UBS Forecasts Predict Silver Prices to Hit $38 by Mid-2025 READ MORE A Closer Look at HSBC’s New Gold Token READ MORE Gold Price Hovers at Record Peaks: Eyes Set on Fed's Powell for Rate Cut Hints READ MORE U.S. Labor Market Holds Strong; First Quarter Productivity Sees Minor Dip READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment