The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...

Since the CPI is updated and reported monthly, it can be used to estimate the rate of inflation over as short a period as a single month. How to Calculate Inflation Using the CPI To calculate an ...

The process for calculating the CPI is regularly reviewed to make sure it is as robust and coherent as possible. This was done most recently by the European Commission’s Joint Research Centre in 2017.

Tens of millions of Americans rely on Social Security benefits for a substantial portion of their retirement income. Not only ...

In addition, an annual figure is published at the end of the year. The CPI of a calendar year is calculated as the average of the indices of the twelve months of that year. Data available from: ...

The discrepancy is because the cost of rent and medical expenses are not used to calculate the consumer price index, from ...

The Price Kaleidoscope shows you the price trend and the weights of various product groups in the consumer price index. You can use this calculator to show the price development while weighting the ...