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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 used, which calculate inflation based on the gross domestic product (GDP) for the United ...
A number of different formulae, more than a hundred, have been proposed as means of calculating price indexes.While price index formulae all use price and possibly quantity data, they aggregate these in different ways.
[[Category:Inflation calculation templates]] to the <includeonly> section at the bottom of that page. Otherwise, add <noinclude>[[Category:Inflation calculation templates]]</noinclude> to the end of the template code, making sure it starts on the same line as the code's last character.
There are different types of inflation that could affect your long-term savings and investments. One such type is called cost-push inflation, which happens when prices go up because production ...
See the related section at {} for additional instructions and examples. Date format Where the country is either CA or US , the generated reference includes the retrieval date of the data, which is shown in month-first (MDY) format.
Alamy April is Financial Literacy Month, and our goal is to help you raise your money IQ. In this series, we'll tackle key economic concepts -- ones that affect your everyday finances and ...
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
Provides a standard way of indicating the "current" year of the inflated prices calculated by the Inflation template. This template is relied upon by the Inflation template, but can also be called directly in articles needing to specify the currently most recent year for which inflation is calculated for a given index. See the Inflation template for usage examples. Template parameters [Edit ...