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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 Price Index (PCE). These two ...
To calculate the Consumer Price Index between two years in Excel, take a sum of all the amounts spent on the basket of products over those two years. Then use the following formula to find the CPI ...
Every month, the U.S. Bureau of Labor Statistics publishes a new CPI figure, which can be used to calculate the real value of a dollar at a point in time. The index works as a multiple of the ...
CPI is calculated by tracking the change in the prices of a fixed basket of goods and services. The BLS refers to a variety of sources to calculate CPI, including the prices of goods and services ...
An ideal way to calculate inflation-adjusted prices is by collecting data on a particular indicator, preferably a consumer price index. In the U.S., one of the most widely followed indicators is ...
Everyone has heard stories from parents and grandparents about how gas or milk costs so much more than it did when they were kids. Things were cheaper "back then," because, over the years ...
One way to calculate your cost of living is to examine ... as measured by the consumer price index. The federal government announces Social Security increases every October, and they kick in ...