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 ...

The Consumer Price Index For All Urban Consumers (CPI-U) measures changes in U.S. consumer prices based on a representative basket of goods and services. The term urban in the index refers to ...

The Consumer Price Index “is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services,” according to the Bureau of ...

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 ...