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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.
The Consumer Price Index (CPI) increased 2.4% over the prior year in September, a slight deceleration compared to August's 2.5% annual gain in prices. The yearly increase, which was the lowest ...
Description: U.S. Consumer Price Index, a measure of inflation, 1913–2022. 100=1982–84 Date: 8 February 2023: Source: Data source at , specifically in the "... index averages" table in this PDF file (US Government – public domain); Original image at File:Consumer Price Index US 1913-2004.png
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 core CPI rose 6.4% in February over last year to also set the fastest rate since 1982. Prices for shelter — one of the stickier inflationary categories — picked up in February, and rent ...
In the 12 months through November, the CPI climbed 2.7% after increasing 2.6% in October. Economists polled by Reuters had forecast the CPI rising 0.3% and advancing 2.7% year-on-year. In-line Nov ...
Chained dollars, also known as "chained consumer price index" or "chained CPI," is a measure of inflation that takes into account changes in consumer behavior in response to changes in prices. It is used to adjust certain economic variables, such as tax brackets and Social Security payments, for inflation.
Economists polled by Reuters had forecast the CPI gaining 0.4% on the month and 3.4% year-on-year. The annual increase in consumer prices has slowed from a peak of 9.1% in June 2022.