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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 Consumer Price Index (CPI) increased 2.4% over the prior year in September, a slight deceleration compared to August's 2.5% annual gain in prices. The yearly increase, which was the lowest ...
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 Consumer Price Index (CPI) revealed headline inflation rose 0.1% over last month and 4% over the prior year in May, a slowdown from April's 0.4% month-over-month increase and 4.9% annual gain.
In September, the Bank of England warned the UK may already be in recession [205] and in December, the interest rate was raised by the ninth time in the year to 3.5%, the highest level for 14 years. [206] UK food and drink prices rose by 19.2% in the year to March 2023, a 45-year high.
The producer price index, a measure of the prices manufacturers and service providers receive for the goods they sell, jumped 0.5% in April, topping the consensus 0.3% forecast, the Bureau of ...
The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.6% over the prior year in October, a slight uptickfrom September's 2.4% annual gain in ...
2052 – A Global Forecast for the Next Forty Years is a 2012 book describing trends in global development. It is written by Jørgen Randers and is a follow-up to The Limits to Growth, which in 1972 was the first worldwide report by the Club of Rome. It differs in three ways from the previous report.