CPI-U Formula ... of the basket is in proportion to how they are sold. The annual CPI is reported as a whole number, and the figure is often greater than 100, assuming current market prices ...

This market basket includes a wide range of expenses that are part of everyday life, for example ... measure of CPI can impact these adjustments. "According to the formula, COLAs are based on ...

The Consumer Price Index “is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer ... or services. For example, a city dweller who ...