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This template defaults to calculating the inflation of Consumer Price Index values: staples, workers' rent, small service bills (doctor's costs, train tickets). For inflating capital expenses, government expenses, or the personal wealth and expenditure of the rich, the US-GDP or UK-GDP indexes should be used, which calculate inflation based on the gross domestic product (GDP) for the United ...
This sub-template returns the associated country's CPI for a specific year. It is used by {{Inflation/doc}} for calculating the inflation rate between two given years, which in turn is used by {} to calculate inflated values. It usually isn't meant to be called directly.
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 ...
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.
The researchers found a correlation between a higher CPI and higher long-term economic growth, [12] as well as an increase in GDP growth of 1.7% for every unit increase in a country's CPI score. [13] Also shown was a power-law dependence linking higher CPI score to higher rates of foreign investment in a country.
In statistics relating to national economies, the indexation of contracts also called "index linking" and "contract escalation" is a procedure when a contract includes a periodic adjustment to the prices paid for the contract provisions based on the level of a nominated price index. The purpose of indexation is to readjust contracts to account ...
TSCL’s projection decreased from 2.57%, when July's CPI-W came in at 2.9%. According to The Senior Citizens League But remember, this is only an estimate of potential COLA increases for 2025.
The Australian Bureau of Statistics said free child care would subtract 1.1 percentage point from the headline consumer price index (CPI). ...