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CPI has generally straightforward and easily understood scale names, which makes it more user friendly for untrained professionals and test takers, for example. [11] Besides that, the interpretation of the results may have more immediacy and relevancy to the test takers because the results relate to ongoing aspects of behaviors. [ 11 ]
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.
CNBC reported on 12 June 2013 that the University of Michigan provided Thomson Reuters news service with the data early, so that Reuters could release the CSI to select, paying clients at 9:55 a.m., five minutes before it released the data to the general public on its web site at 10:00 a.m. In addition, Reuters released the data via high speed ...
The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), covers approximately 29 percent of the U.S. population. This index is used predominantly for adjusting Social Security ...
According to the BLS, “The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.”
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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.
There is now a section on "Consumer Price Indices in the United States" that briefly describes weighting including quoting from BEA web sites about the difference between CPI-U, CPI-W and C-CPI-U that attempts to clarify this. DavidMCEddy 04:01, 12 April 2013 (UTC)