Estimates point to President Donald Trump's tariff and trade policies having a tangible impact on Social Security benefits ...

Key Points The Federal Reserve met in mid-June to determine whether to cut interest rates. Fed officials held rates steady ...

The latest update to the Consumer Price Index (CPI) basket gives even more weight to shelter costs—particularly mortgage ...

Meat 🍗 remained the king of the grocery department in May, as pounds purchased grew 3.2% year over year, despite lingering ...

The updated weights based on consumer spending in 2024 will be used to calculate the consumer price index released next week ...

Statistics Canada on Tuesday updated the basket weights for the goods and services it uses to determine inflation, increasing ...

The most recent the Household Consumption Expenditure Survey, which provides data to calculate CPI, was conducted in 2023–24 ...

Remember, the COLA is calculated by looking at how much prices have increased year-over-year on the basket of goods and services. The CPI-W data showed a 2.7% year-over-year increase in February ...

How To Calculate Inflation Rates. The two most frequently cited indexes that calculate the inflation rate in the U.S. are the Consumer Price Index (CPI) and the Personal Consumption Expenditures ...

How to Measure Purchasing Power: PPP vs. CPI Purchasing power can be assessed through different economic measures, with PPP and the Consumer Price Index (CPI) being two widely used approaches.

The revised methodology for Nigeria's Consumer Price Index includes data from the 2023 Nigerian Living Standards Survey to capture household expenditure and rare items survey in 2024.

The food and beverage category currently makes up 54.2% of the current CPI basket. “We need a clear concept on how to account for free social transfers such as food in the new CPI measure ...