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2. United States Chained Consumer Price Index - Wikipedia

   en.wikipedia.org/wiki/United_States_Chained...

   In 1996, the Advisory Committee to Study the Consumer Price Index (the Boskin Commission) estimated that in 1996 CPI-W (used to adjust Social Security) over-estimated inflation 1.1 percent. The BLS responded by making changes to the CPI-U and CPI-W, which included an adjustment to compensate for upper-level substitution bias , performed each ...

3. United States Consumer Price Index - Wikipedia

   en.wikipedia.org/wiki/United_States_Consumer...

   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.

4. Consumer price index - Wikipedia

   en.wikipedia.org/wiki/Consumer_price_index

   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 ...

5. What is the Consumer Price Index (CPI) and why is it useful?

   www.aol.com/finance/consumer-price-index-cpi-why...

   Consumer Price Index for Americans 62 years of age and older (R-CPI-E): This index re-weights prices from the CPI-U data to track spending for households with at least one consumer age 62 or older.

6. Why the Consumer Price Index (CPI) is Important - AOL

   www.aol.com/news/why-consumer-price-index-cpi...

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7. List of price index formulas - Wikipedia

   en.wikipedia.org/wiki/List_of_price_index_formulas

   [The formula does not make clear over what the summation is done. P C = 1 n ⋅ ∑ p t p 0 {\displaystyle P_{C}={\frac {1}{n}}\cdot \sum {\frac {p_{t}}{p_{0}}}} On 17 August 2012 the BBC Radio 4 program More or Less [ 3 ] noted that the Carli index, used in part in the British retail price index , has a built-in bias towards recording ...