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The CPI base price and weightings are adjusted every two years. The above table illustrates two commonly discussed important differences between the PCE deflator and CPI-U. The first major difference is the relative importance of housing, which is due in part to the difference in scope mentioned above.
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.
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.
Since 2000 the Chained CPI has on average measured inflation between 0.25 and 0.3 percentage points lower than CPI-U and CPI-W. Opponents of the change note that while the difference is small, it compounds over time, making the reduction in outlays for COLAs for Social Security larger when looked at over a long time horizon.
Inflation has dominated the economic news headlines for more than a year. If you've been keeping up, you've probably heard about both the CPI and, less commonly, the PPI. See: Stimulus Updates To ...
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 ...
Chained dollars, also known as "chained consumer price index" or "chained CPI," is a measure of inflation that takes into account changes in consumer behavior in response to changes in prices. It is used to adjust certain economic variables, such as tax brackets and Social Security payments, for inflation.
The CPI-E (which is now known as the R-CPI-E, with the "R" standing for "research") was designed to address this issue. ... Although a difference of $9.60 doesn't sound like a lot, an extra $115 ...