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Consumer Price Index Data; Issues of the Consumer Price Index report from the BLS for 1953–present; ILO CPI manual – This large manual produced co-operatively by a number of international organizations is the standard work on the methods of compiling consumer price indices and on the underlying economic and statistical theory.
The Consumer Price Index was initiated during World War I, when rapid increases in prices, particularly in shipbuilding centers, made an index essential for calculating cost-of-living adjustments in wages. To provide appropriate weighting patterns for the index, it reflected the relative importance of goods and services purchased in 92 ...
Each month, the BLS gathers data from approximately 23,000 retail and service establishments, along with rental data from thousands of landlords or tenants, generating about 94,000 price quotes.
The Consumer Price Index (CPI) is an economic term you've probably heard before but may not know much about. Broadly speaking, the CPI measures the price of consumer goods and how they're trending.
The Index tends to follow changes in the overall economy. The components on the Conference Board's index are: The average duration of unemployment (inverted) The value of outstanding commercial and industrial loans; The change in the Consumer Price Index for services; The change in labour cost per unit of output
With the latest data in the Consumer Price Index, released by the U.S. Bureau of Labor Statistics on Tuesday, Dec. 13, groceries went up by 0.5% as of November.
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.
However, following the strong payroll report, market commentators say they're still concerned that inflation may not be completely in the rear-view — and next week's consumer price index report ...