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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 sub-template returns the associated country's CPI for a specific year. It is used by {{Inflation/doc}} for calculating the inflation rate between two given years, which in turn is used by {} to calculate inflated values. It usually isn't meant to be called directly.
The default for each is the current date and time. The result displays text representing the time interval from date1 to date2 (date2 − date1). Dates are UTC—local times and time zones are not supported. Dates are checked for validity. For example, 29 February 2000 is accepted, but 29 February 1900 is not a valid date.
This sub-template returns the associated country's CPI for a specific year. It's used by {{Inflation/doc}} for calculating the inflation rate between two given years, which in turn is used by {} to calculate inflated values. It usually isn't meant to be called directly.
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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 ...
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.