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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 wasn't just an arbitrary date I picked to calculate a long-term average. 1975 was the first year when Social Security COLAs were based on Consumer Price Index (CPI) inflation data. Before ...
All inflation adjustments are from the U.S. Bureau of Labor Statistics CPI Inflation Calculator, comparing prices in January of a given year to ... 1975: $2.55 ($14.77) 1976: $2.61 ($14.17) 1977 ...
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This sub-template returns the associated country's CPI for a specific year. It is used by {{Inflation/US}} for calculating the inflation rate between two given years, which in turn is used by {{}} to calculate inflated values.
This scenario has happened three times since 1975, most recently in 2015. How much will the 2025 Social Security COLA be? The Social Security Administration (SSA) will announce the 2025 COLA on ...
The Average Indexed Monthly Earnings (AIME) is used in the United States' Social Security system to calculate the Primary Insurance Amount which decides the value of benefits paid under Title II of the Social Security Act under the 1978 New Start Method. Specifically, Average Indexed Monthly Earnings is an average of monthly income received by ...
The PCE price index (PePP), also referred to as the PCE deflator, PCE price deflator, or the Implicit Price Deflator for Personal Consumption Expenditures (IPD for PCE) by the Bureau of Economic Analysis (BEA) and as the Chain-type Price Index for Personal Consumption Expenditures (CTPIPCE) by the Federal Open Market Committee (FOMC), is a United States-wide indicator of the average increase ...