The consumer price index is a weighted average collection of the prices of common goods and services. Changes in the CPI over time are used to estimate the rate of inflation. The consumer price ...

"Frequently Asked Questions about the Chained Consumer Price Index for All Urban Consumers (C-CPI-U)," Select "What is substitution and substitution bias? And does the C-CPI-U eliminate it?" ...

The Consumer Price Index “is a measure of the average change ... and the sales and excise taxes consumers pay. The CPI does not include income or Social Security taxes. Nor does the CPI report ...

Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.

Consumer prices rose fast enough in October to keep the rate of inflation above the Federal Reserve’s 2% goal, posing an ...

So, even though new products may represent considerable consumer expenditures, they may not yet be included in the calculation of the CPI. Any pure price index is flawed by the fact that it does ...

The rate of price increase does not only depend on how prices change. The weights with which the price trends of the individual goods and services are reflected in the consumer price index are also ...