To calculate the annual CPI, the BLS divides the current value of a specific basket of goods compared to one year ago: The basket of goods and services used in the CPI calculation is a composite ...

Reviewed by Robert C. Kelly Fact checked by Daniel Rathburn Consumer Price Index (CPI) vs. Producer Price Index (PPI): An Overview The Consumer Price Index (CPI) and the Producer Price Index (PPI) are ...

SSA bases its annual adjustment on the CPI. Additionally, anyone can use the index to calculate buying power by adjusting historical values to see how they stack up in today’s dollars.

While inflation has cooled since 2022, the CPI rose 2.9% from Dec. 2023 to Dec. 2024. Not all prices rise at the same rate – some sectors of the economy are seeing minimal inflation or even ...

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

"When is the next CPI report?" was a question no one was asking back in the days of 2% inflation readings. Alas, those days are long gone. Inflation hit a four-decade high in 2022, prompting the ...

The Bureau of Labor Statistics uses information gathered by BLS data collectors to calculate the CPI. Then, it publishes the CPI on a monthly (and sometimes bimonthly) basis. Are There Inflation ...