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Core CPI (blue) is less volatile than the full CPI-U (red), shown here as the annual percentage change, 1983–2021. A Core CPI index is a CPI that excludes goods with high price volatility, typically food and energy, so as to gauge a more underlying, widespread, or fundamental inflation that affects broader sets of items. More specifically ...
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 economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...
Core CPI year over year went up to a new 40-year high, +6.6% -- +30 bps month over month and slightly above expectations.
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The Chained Consumer Price Index C-CPI-U, a chained index, has been introduced. The C-CPI-U tries to mitigate the substitution bias that is encountered in CPI-W and CPI-U by employing a Tornqvist formula and utilizing expenditure data in adjacent time periods in order to reflect the effect of any substitution that consumers make across item ...
The Bureau of Labor Statistics released its October Consumer Price Index (CPI) at 8:30 a.m. ET on Tuesday. Here are the main figures from the report, compared to Wall Street estimates.
Politico also reported that Pew Charitable Trusts, a funder of the Looting the Seas report, hosted a screening of a CPI documentary and then organized a call to action with other NGOs for the protection of bluefin tuna. In 2008, CPI published a report on tobacco that was both funded by and promoted by an advocacy group called Tobacco Free Kids.