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However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.
The Chained Consumer Price Index C-CPI-U, a chained index, has been introduced. The C-CPI-U tries to mitigate the substitution bias that is encountered in CPI-W and CPI-U by employing a Tornqvist formula and utilizing expenditure data in adjacent time periods in order to reflect the effect of any substitution that consumers make across item ...
Data source at , specifically in the "... index averages" table in this PDF file (US Government – public domain); Original image at File:Consumer Price Index US 1913-2004.png: Author: Original image by donarreiskoffer, new SVG version made with Gnumeric (from BLS data; now covers 1913–2022) Other versions: File:Consumer Price Index US 1913 ...
Snapshot The U.S. Bureau of Labor Statistics (BLS) reported this morning that the Consumer Price Index (CPI) had increased a seasonally adjusted +0.9% in October after a rise of +0.4% in September ...
The consumer price index rose 0.3% last month, the largest gain since April after advancing 0.2% for four straight months, the Labor Department said on Wednesday. In the 12 months through November ...
Used car and truck prices, however, shot up 2.8% from September to October, though they are still 5% lower than a year ago. Air fares jumped 1.5% just last month and have risen 5.1% from a year ...
For example, the elderly consume roughly double the medical care of all urban consumers (studied for CPI-U and C-CPI-U) and urban wage earners and clerical workers (for CPI-W); inflation in medical care has exceeded that in much of the rest of the economy. To adjust for this, the BLS computes a consumer price index for the elderly (CPI-E). [16]
Inflation rose 2.7% on an annual basis in November, according to the latest government report on the Consumer Price Index, or CPI. Last month's CPI was forecast to come in at 2.7%, according to ...