It incorporates about 29% of the U.S. population. The CPI weighs certain spending categories more than others, based on what people are spending their money on: The U.S. Bureau of Labor Statistics ...

"The BLS reports index weights for dozens of categories, subcategories and specific items in the CPI's basket of goods and services," noted an article published on the website of the Pew Research ...

The January reading of the consumer-price index is due at 8:30 a.m. ET. Economists expect the CPI increased 2.9% from a year ...

Nowcasts for May suggest that headline inflation across all categories will ... a high weight in the CPI and they are currently rising at an annual rate of more than 8%. If they were to ease ...

Core CPI also rose 0.2%, below the November increase of 0.3%. Economists expected consumer prices to rise 0.3% on a monthly basis in December, and for the annual inflation rate to rise to 2.8% ...