Search results
Results from the WOW.Com Content Network
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 ...
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 ...
The CPI is still used for many purposes, for example, for indexing social security. The equivalent of the CPI is also commonly used by central banks of other countries when measuring inflation. The CPI is presented monthly in the US by the Bureau of Labor Statistics. This index tends to change more on a month-to-month basis than does "core ...
The CPI report notably flashed an unexpected rise of "core" month-over-month inflation, which experts attributed to service costs building up over years and stubborn housing prices.
On a "core" basis, which strips out the food and energy prices, inflation is expected to have risen 3.6% year over year, a slowdown from the 3.8% increase seen in March.
On a month-over-month basis, hourly wage growth came in cooler than the expected at 0.2% for the second straight month. The yearly wage growth of 4.2% was the slowest annual pace since June 2021.
US producer price index 2005-2022. The Producer Price Index (PPI) is the official measure of producer prices in the economy of the United States. It measures average changes in prices received by domestic producers for their output. The PPI was known as the Wholesale Price Index, or WPI, up to 1978. It is published by the Bureau of Labor ...
The next update on inflation is expected on Wednesday morning with the release of the May Consumer Price Index (CPI). Wall Street expects an annual gain of 3.4% for headline CPI, which includes ...