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 ...
A perspective shift in managing growth-inflation mix, as well as bank regulation stand out in new RBI Governor’s statement ...
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 ...
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One Says 2.4%, Another Says 3.1%. Which Inflation Metric Is Right?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 ...
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