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Economists Question Quality of U.S. Inflation Data

  • The Bureau of Labor Statistics published U.S. Inflation data on May 13, 2025, amid staffing shortages affecting price checks.
  • A hiring freeze forced BLS to reduce the number of businesses surveyed, which may impact the accuracy of inflation measurements.
  • Economists noted anomalies in April’s data and expressed concern that fewer price checks could increase sampling error and skew results.
  • Federal Reserve Chair Jerome Powell stated, "Being able to track what's going on in the economy is very, very important," highlighting inflation’s role.
  • If these data issues persist, they could affect economic and policy decisions, though no evidence suggests intentional data manipulation.
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Some economists in the United States are beginning to question the accuracy of recent US inflation data after the federal government said staff shortages have hampered its ability to conduct its monthly survey to determine consumer price increases, the Wall Street Journal writes. The Bureau of Labor Statistics (Bureau of Labor […] The article Economists in the United States are beginning to question US statistical data appears first on CursDeGuv…

Some economists are beginning to question the accuracy of the latest U.S. inflation data, as the federal government acknowledged that staffing shortages are hampering its large-scale monthly inflation survey, the Wall Street Journal reported.

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  • 67% of the sources are Center
67% Center
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Political Wire broke the news in New York, United States on Wednesday, June 4, 2025.
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