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The United States Consumer Price Index ( CPI) is a family of various consumer price indices published monthly by the United States Bureau of Labor Statistics (BLS). The most commonly used indices are the CPI-U and the CPI-W, though many alternative versions exist for different uses. For example, the CPI-U is the most popularly cited measure of ...
A consumer price index ( CPI) is a price index, the price of a weighted average market basket of consumer goods and services purchased by households. Changes in measured CPI track changes in prices over time. [ 1] The CPI is calculated by using a representative basket of goods and services. The basket is updated periodically to reflect changes ...
The Producer Price Index (PPI) is the official measure of producer prices in the economy of the United States. It measures average changes in prices received by domestic producers for their output. The PPI was known as the Wholesale Price Index, or WPI, up to 1978. It is published by the Bureau of Labor Statistics and is one of the oldest ...
Excluding gas and food, categories that tend to be quite volatile, core CPI rose 0.2% from June and saw its annual rate slow to 3.2% from 3.3%. Core CPI inflation is now running at its slowest ...
Housing inflation accounted for nearly 90% of the monthly increase in CPI in July. “The most disappointing aspect of this report was the shelter data,” Omair Sharif, founder of the research ...
The monthly increase in prices was in line with economist expectations. The index increased 2.9% over the prior year in July, which was a slight deceleration compared to June's 3% annual gain in ...
Through July 2018, inflation measured by PCE has averaged 3.3%, while it has averaged 3.8% using CPI. [2] This may be due to the failure of CPI to take into account the substitution effect . Alternatively, an unpublished report on this difference by the Bureau of Labor Statistics suggests that most of it is from different ways of calculating ...
Shelter is consistently one of the largest contributors to the CPI’s all-items increases — in February 2024, shelter inflation rose 5.7 percent, outpacing the overall inflation level of 3.2 ...