Eurozone Bitcoin CPI drops 18.90% in September as purchasing power climbs

Samara Asset Group's BTCCPI shows the eurozone consumer basket got much cheaper in Bitcoin terms, even as official euro inflation rose to 3.8% The eurozone’s consumer basket got a lot cheaper in September, provided you were paying in Bitcoin. The Bitcoin Consumer Price Index (BTCCPI), built by Samara Asset Group, fell 18.90% month over month. That means the same basket of goods and services took meaningfully less Bitcoin to buy than it did a month earlier. What the BTCCPI actually measures Think of the BTCCPI as a price tag translated into another language. It takes the same shopping cart that European statisticians use to track inflation and asks one question: what does this cost in Bitcoin? Under the hood, Samara Asset Group uses the same fixed basket as the official Harmonised Index of Consumer Prices (HICP). The difference is the unit of account. Instead of euros, every item is priced in BTC, using BTC/EUR exchange rates sourced from Yahoo Finance. The index covers Bitcoin only. No other tokens or crypto assets are part of the calculation. September versus the month before The 18.90% drop is a sharp reversal from the prior reading. Before the September report, the most recent B...