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The consumer price index for urban wage earners and clerical workers (CPI-W) is a continuation of the historical index that was introduced after World War I for use in wage negotiation. [23] As new uses were developed for the CPI, the need for a broader and more representative index became apparent.
This template calculates inflation based on several inflation index data sets. Note that this template defaults to calculating the inflation of Consumer Price Index values: staples, workers' rent, small service bills (doctor's costs, train tickets). For inflating capital expenses, government expenses, or the personal wealth and expenditure of the rich, the US-GDP or UK-GDP indexes should be ...
The economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...
The first test for whether that path will continue is set for release on Thursday morning with the June CPI report. Wall Street economists expect headline inflation rose just 3.1% annually in June ...
In the week ahead, a crucial reading of inflation, the Consumer Price Index (CPI), is slated for release on Wednesday. ... Prices are set to rise 0.3% on a month-over-month basis, per economist ...
Last month's CPI was forecast to come in at 2.8%, according to economists surveyed by financial data firm FactSet. ... Core CPI, or prices excluding the volatile energy and food costs, rose 3.2% ...
Since 1996 the United Kingdom has also tracked a Consumer Price Index (CPI) figure, and in December 2003 its inflation target was changed to one based on the CPI [39] normally set at 2%. [40] Both the CPI and the RPI are published monthly by the Office for National Statistics. Some rates are linked to the CPI, others to the RPI.
Prices are set to rise 0.4% on a month-over-month basis, in line with March's rise. ... Zentner's team argues, could keep three Fed interest rate cuts on the table this year. "Weaker monthly ...