This change, known as rebasing the Consumer Price Index (CPI), is more than just a technical update—it’s about understanding ...

The Bureau of Labor Statistics (BLS) calculates the CPI as a weighted average of prices for a basket of goods and services representative of aggregate U.S. consumer spending. The CPI is a measure ...

Every year the nation's shopping habits are analysed as the CPI - the Consumer Prices Index - is calculated. Statisticians use an imaginary shopping basket of things we buy to check price changes ...

We give a full roundup below, explaining how the basket of goods works, before delving into the outlook for inflation. What is the CPI basket of goods? The main measure of inflation used in the UK ...

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.