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The template supports inflation calculation, by way of {}. If the second parameter is used, to specify a year, and this year is within a certain range of available inflation data (specifically, if 1634 ≤ year < 2023), the equivalent value represented in 2023 dollars will be calculated in parentheses. However, this function should only be used ...
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 ...
The CPI commission found in their study that the index overestimated the cost of living by a value between 0.8 and 1.6 percentage points. If CPI overestimates inflation, then claims that real wages have fallen over time could be unfounded.
The template supports inflation calculation, by way of {}. If the second parameter is used, to specify a year, and this year is within a certain range of available inflation data (specifically, if 1634 ≤ year < 2023), the equivalent value represented in 2023 dollars will be calculated in parentheses. However, this function should only be used ...
As of October 2022, inflation is at 7.7% compared to a year prior, with food, airline fares, public transportation, health insurance and gasoline seeing some of the largest price increases. But ...
Study shows average fast food prices have increased 39 to 100% since 2014, outpacing inflation.
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 ...
One commenter pointed out, “$21.31 in today’s dollars after you adjust for inflation. Keep in mind that inflation was $12.5% in 1980, so no, this was not a good price and inflation was a s ...