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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.
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 ...
A PNAS report in September 2020 confirmed that the virus is much more dangerous for the elderly than the young, noting that about 70% of all U.S. COVID-19 deaths had occurred to those over the age of 70. [94] As of early August 2020, among the 45 countries that had over 50,000 cases, the U.S. had the eighth highest number of deaths per-capita.
A team of Brazilian researchers preliminarily assessed the severity of the COVID-19 pandemic using the PSAF in April 2020 based on Chinese data as at 11 February 2020. In their preliminary assessment, they rate COVID-19's scaled transmissibility at 5 and its scaled clinical severity at 4 to 7, placing the COVID-19 pandemic in the "very high ...
In Italy, where men so far make up 58% of infections, male deaths are outpacing female deaths and the increased risk starts at age 50, according to a report from Italy’s COVID-19 surveillance group.
This formula determines the overall inflation rate, which is the percentage change in the CPI over a given time period. In January 2024, the CPI increased 3.1 percent over the previous 12 months ...
Once the ultimate age is reached, the mortality rate is assumed to be 1.000. This age may be the point at which life insurance benefits are paid to a survivor or annuity payments cease. Four methods can be used to end mortality tables: [12] The Forced Method: Select an ultimate age and set the mortality rate at that age equal to 1.000 without ...
The U.S. benchmark S&P 500 stock index fell more than 4% on Wednesday after a dire warning on the U.S. death toll from the coronavirus.