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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 wholesale price index (WPI) is the price of a representative basket of wholesale goods. The WPI is published by the Economic Adviser in the Ministry of Commerce and Industry . The Wholesale Price Index focuses on the price of goods traded between corporations, rather than the goods bought by consumers, which is measured by the Consumer ...
In December, the Producer Price Index, which measures the average change in prices paid to US-based producers for goods and services, rose 0.2% from the month before and 3.3% for the year ended in ...
With the current inflation rate, things that cost a dollar 50 years ago would approximate cost $7.03 today. Not everything was cheaper in 1972, but most things were even when adjusted for inflation.
The latest wholesale data is landing a day before an even more critical read on the state of inflation in the US: The Consumer Price Index for April will be released Wednesday morning. CNN’s ...
The Producer Price Index, a closely watched measure of inflation at the wholesale level, rose 2.1% for the 12 months ended in March, up from a 1.6% gain in February, according to Bureau of Labor ...
The highest annual inflation since the introduction of the RPI came in June 1975, with an increase in retail prices of 26.9% from a year earlier. By 1978, this had fallen to less than 10%, but it rose again towards 20% over the following two years before falling again.
On a monthly basis, prices increased 0.4%, compared to the 0.2% seen in October. Excluding food and energy, "core" prices increased 3.4% year-over-year, above October's 3.1% increase. Economists ...