CPI-U Formula The more common CPI-U calculation ... Businesses and consumers also use the CPI to make informed economic decisions. Since CPI measures the change in consumers' purchasing power ...

The jump in US inflation last month that surprised investors was mostly due to the way the government adjusts for typical ...

"According to the formula, COLAs are based on increases ... "A fixed market basket measure like the CPI assumes that, contrary to standard economic theory, consumers do not substitute Big Macs ...

Tom Werner / Getty Images The Consumer Price Index (CPI) is considered one of the most fundamental and critically important economic indicators used to measure inflation. A CPI is used not only in ...