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The Social Security Administration will do the same thing to calculate the 2025 COLA, except it'll base its data on the CPI-W figures from 2023 and 2024. It'll be officially announced on Oct. 10, 2024
Estimates support an increase in inflation at a rate greater than last month. While February recorded an average increase in prices of 7.9%, driven mostly by higher energy prices, March is ...
The 2025 COLA of 2.5% was announced in October and goes into effect in January. The COLA is based on a subset of the Consumer Price Index, known as CPI-W. The CPI-W tracks a basket of goods ...
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.
Consumer Prices Index inflation will likely reach 9.8%, according to an average of analysts’ estimates.
The CPI increased 2.9% over the prior year in December, an uptick from November's 2.7% annual gain in prices. The yearly increase matched economist expectations. The yearly increase matched ...
The Consumer Price Index (CPI) revealed headline inflation rose 0.1% over last month and 4% over the prior year in May, a slowdown from April's 0.4% month-over-month increase and 4.9% annual gain.
TSCL updated its 2025 COLA prediction based on August's CPI-W data, which came in at 2.5%. TSCL’s projection decreased from 2.57%, when July's CPI-W came in at 2.9%. According to The Senior ...