Energy and food left out of calculation of core inflation

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Why are energy and food left out of the calculation of core inflation? On an individual level, does the core inflation rate accurately reflect the rate of inflation you face on a monthly basis? If not, what would be your "basket" of goods and services in a hypothetical individualized measure of inflation?

Reference no: EM13888590

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Energy and food left out of calculation of core inflation : Why are energy and food left out of the calculation of core inflation? On an individual level, does the core inflation rate accurately reflect the rate of inflation you face on a monthly basis? If not, what would be your "basket" of goods and service..

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