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Governments and central banks have the responsibility of gathering information, calculating metrics, and reporting to the public. However, the way inflation is calculated frequently undergoes changes, often favoring methods that depict lower inflation rates. By utilizing discontinued methods from the 80s and 90s, the official inflation would be approximately 14% and 10%, respectively. Furthermore, the latest inflation indexes being tested by the Bureau of Labor Statistics indicate even lower inflation rates. The inflation data encountered in news headlines pertains to the annual change in the Consumer Price Index (CPI). In order to provide a more accurate reflection of the market's true price change, we have extensively researched, analyzed, and optimized the official CPI. This has enabled us to create the US Truflation index, which offers daily updates on inflation using the most up-to-date real market data. Our index is transparent, easily accessible to all, and operates on a decentralized blockchain oracle. For individuals interested in the crypto market, we offer the best crypto tools, including crypto trading experts, the best crypto trading tools, the best crypto analysis tools, tools for crypto trading, the best charting tools for crypto, the best crypto research tools, cryptocurrency investigation tools, and cryptocurrency monitoring tools.
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