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  2. United States Consumer Price Index - Wikipedia

    en.wikipedia.org/wiki/United_States_Consumer...

    The consumer price index for urban wage earners and clerical workers (CPI-W) is a continuation of the historical index that was introduced after World War I for use in wage negotiation. [23] As new uses were developed for the CPI, the need for a broader and more representative index became apparent.

  3. Consumer price index - Wikipedia

    en.wikipedia.org/wiki/Consumer_price_index

    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 ...

  4. United States Chained Consumer Price Index - Wikipedia

    en.wikipedia.org/wiki/United_States_Chained...

    For example, the elderly consume roughly double the medical care of all urban consumers (studied for CPI-U and C-CPI-U) and urban wage earners and clerical workers (for CPI-W); inflation in medical care has exceeded that in much of the rest of the economy. To adjust for this, the BLS computes a consumer price index for the elderly (CPI-E). [16]

  5. What is the Consumer Price Index (CPI) and why is it useful?

    www.aol.com/finance/consumer-price-index-cpi-why...

    The Consumer Price Index for All Urban Consumers (CPI-U), which covers about 93 percent of the U.S. population, excluding those living in remote rural areas, farm households, institutions, or on ...

  6. How Does the Consumer Price Index Impact Social Security ...

    www.aol.com/finance/does-consumer-price-index...

    The CPI is used to calculate Social Security cost-of-living adjustment (COLA) increases. The Social Security Administration will announce the COLA increase for 2023 on Thursday, October 13, 2022.

  7. Consumer Price Index: As Inflation on Airfare Drops, Here’s ...

    www.aol.com/consumer-price-index-inflation...

    Following a 0.8% increase in September, the index for airline fares fell 1.1% in October, according to the Consumer Price Index for All Urban Consumers, released Nov. 10.

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