Learn about the Consumer Price Index (CPI), how it measures inflation, affects your purchasing power, and its significance in economic decision-making.

To calculate the Consumer Price Index between two years in Excel, take a sum of all the amounts spent on the basket of products over those two years. Then use the following formula to find the CPI ...

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) is an economic term you've probably heard before but may not know much about. Broadly speaking, the CPI measures the price of consumer goods and how they're trending.

Purchasing power refers to the amount of goods and services a person or entity can buy with a given amount of money. It ...

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 ...

The specific formula for adjustment is also stated in the contract. Commonly, the price adjustment made is a percentage equal to the percent change of the CPI, but a contract may stipulate using a ...

The Consumer Price Index (or CPI) is a set of indexes generated by the Bureau of Labor Statistics (BLS) that measures “the prices paid by urban consumers ...