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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 ...
Inflation is painful now, but it could be--and has been--a lot worse.
This sub-template returns the associated country's CPI for a specific year. It is used by {{ Inflation/US }} for calculating the inflation rate between two given years, which in turn is used by {{ Inflation }} to calculate inflated values.
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 ...
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The Fed aims to avoid repeating the double-inflation episode that rocked the 1970s and early 1980s. To this end, James Bullard penned an important missive about this bygone inflation era in 2022 ...
As the most widely used measure of inflation, the CPI is an indicator of the effectiveness of government fiscal and monetary policy, especially for inflation-targeting monetary policy by the Federal Reserve. Now however, the Federal Reserve System targets the personal consumption expenditures (PCE) price index instead of CPI as a measure of ...
The double-digit inflation era was of short duration, however, inflation by the mid-1980s returned to more modest levels. Amid this, general trends there have been spectacular high-inflation episodes in individual countries in interwar Europe , towards the end of the Nationalist Chinese government in 1948–1949, and later in some Latin ...