If you wanted to have a real frame, then you would index to the consumer price index or some other inflation index.
Some suggest that owners' equivalent rent should simply be dropped from the inflation index.
The core inflation index, which excludes food and energy costs, was 1.5%, the highest since the fourth quarter of 2009.
The government has doctored the inflation index since 2007, keeping the official rate around 10% while prices have risen two to three times as fast.
