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The Boskin Report, "Final Report of the Advisory Commission to Study the Consumer Price Index" Gordon, Robert J. (June 2000). "The Boskin Commission Report and its Aftermath". NBER Working Paper No. 7759. doi: 10.3386/w7759. "Commercial Knowledge On Innovation Economics, A Report". As quality change is a required component of innovation ...
I’m not going back and recalculating the CPI. All I’m doing is going back to the government’s estimates of what the effect would be and using that as an add factor to the reported statistics. By 2021, the cumulative estimates of ShadowStats imply an average annual inflation rate of 9% for a cumulative increase in prices of over 600% since ...
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 was forecast to rise 2.9% last month, according to economists polled by financial-data firm FactSet. The CPI, a basket of goods and services typically bought by consumers ...
The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 3% over the prior year in January, an uptick from December's 2.9% annual gain in prices.
This formula determines the overall inflation rate, which is the percentage change in the CPI over a given time period. In January 2024, the CPI increased 3.1 percent over the previous 12 months ...
The United States Chained Consumer Price Index (C-CPI-U), also known as chain-weighted CPI or chain-linked CPI is a time series measure of price levels of consumer goods and services created by the Bureau of Labor Statistics as an alternative to the US Consumer Price Index. It is based on the idea that when prices of different goods change at ...
However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.