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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.
Excluding shelter, the CPI was up 1.7% for the 12 months ended in July, according to BLS data. Energy prices (notably gasoline), which had served as a drag on the May and June CPI, were flat for July.
Consumer prices were up 2.7% for the 12 months ended in November, ... according to the latest Consumer Price Index data released Wednesday by the Bureau of Labor Statistics. On a monthly basis ...
The Consumer Price Index (CPI) declined 0.1% over the previous month and increased just 3% over the prior year in June — a deceleration from May's flat month-over-month increase and 3.3% annual ...
The BLS responded by making changes to the CPI-U and CPI-W, which included an adjustment to compensate for upper-level substitution bias, performed each January of an even-numbered year. In 2002 BLS created the Chained CPI (C-CPI-U) that provides more frequent monthly adjustment for substitution bias. [5]
In the US, CPI figures are prepared monthly by the Bureau of Labor Statistics of the United States Department of Labor. The CPI-U includes expenditures by all urban consumers. The CPI-W includes expenditures by consumer units with clerical workers, sales workers, craft workers, operative, service workers, or laborers.
Consumer inflation continued its slow descent, standing at 4.9% in April -- the smallest 12-month increase since the period ending April 2021 -- according to the Bureau of Labor Statistics' (BLS)...
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 ...