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January’s consumer price index report, released Tuesday, was a bit of a mixed bag. Prices were up 6.4% since the same time last year, making January the seventh straight month of cooling year ...
The Consumer Price Index (CPI) regularly measures the change in the prices paid by consumers in the U.S. for a representative basket of goods and services.
Learn about the Consumer Price Index (CPI), how it measures inflation, affects your purchasing power, and its significance in economic decision-making.
Inflation is one of the most important ways the economy impacts consumers. During periods of high inflation, money simply doesn't go as far, so people need to watch their budgets more carefully.
America’s Federal Reserve uses a personal-consumption-expenditure index (PCE) rather than the consumer price index because, in part, the formula the PCE uses better reflects this substitution ...
Then, according to the chain index formula used for HICP, they are updated by an appropriate price change between year t-1 and December of year t-1. The European guidelines explicitly allow the use of ...
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