The conclusion was that the PCE has several advantages over the CPI, including (1) the changing composition of spending which is more consistent with actual consumer behavior, (2) the weights ...

"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 Labor Department’s monthly report on consumer prices, known as the consumer-price index or CPI, is generally thought of as “the” inflation report. It generates headlines, features in ...

This is important because housing carries a large weight in the CPI series. Inflation is a 12-month rate of change in prices. Hence each month, one new month of data is added, and a month of data ...