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The United States Consumer Price Index (CPI) is a family of various consumer price indices published monthly by the United States Bureau of Labor Statistics (BLS). The most commonly used indices are the CPI-U and the CPI-W, though many alternative versions exist for different uses. For example, the CPI-U is the most popularly cited measure of ...
Excluding shelter, the CPI was up 1.7% for the 12 months ended in July, according to BLS data. Energy prices (notably gasoline), which had served as a drag on the May and June CPI, were flat for July.
The Producer Price Index, which measures average price changes seen by producers and manufacturers, markedly slowed in August to a rate of 1.7% from an annual increase of 2.1% the month before ...
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.
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 ...
Editor’s note: This story has been updated with additional details. The U.S. annual inflation rate in August fell to its lowest point since February 2021, signaling a further easing of pressure ...
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 ...
The energy index decreased 12.5% for the 12 months ending in July, although prices increased 0.1% on a seasonally adjusted month-over-month basis. ... July CPI inflation data is a key factor in ...