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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 ...
In the Netherlands, the average 2021 inflation rate was the highest since 2003. [202] With energy prices having increased by 75%, December saw the highest inflation rate in decades. [202] In 2023, the Netherlands fell into recession from April to June. [203]
Provides a standard way of indicating the "current" year of the inflated prices calculated by the Inflation template. This template is relied upon by the Inflation template, but can also be called directly in articles needing to specify the currently most recent year for which inflation is calculated for a given index. See the Inflation template for usage examples. Template parameters [Edit ...
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With 2023 coming closer into view, there's new economic legislation that will come into play -- some of which will hopefully benefit Americans, including the terms of the Inflation Reduction Act...
US consumer prices rose 3.4% annually to close out 2023, capping a year of substantial progress on efforts to rein in decades-high inflation. ... increase that index has seen since May 2021. ...
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 most recent consumer price index (CPI) report puts inflation at 4.98%, a welcome decline from the absolutely crazy highs seen in 2022, but still well above the 3.28% long-term historical ...