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The CPI is calculated by the U.S. Bureau of Labor Statistics and is used as a proxy for inflation. Every month, the BLS releases updated CPI data, showing monthly and annual changes in average prices.
For instance, “from 2019 to 2020, consumer prices for all items rose 1.4 percent” according to the BLS. The CPI is one of the most popular metrics used to estimate the rate of inflation.
The Bureau of Labor Statistics reported Thursday that the Consumer Price Index fell 0.1% in March to hit an annual rate of ...
Beef was up 2.4%. With energy and food excluded, core CPI inflation for February rose 0.2% and was 3.1% annually, according to the BLS. The Dow Jones economist consensus expectation was for 0.3% ...
The consumer price index rose 2.4% for the 12 months ended in March, down from 2.8% in February, the U.S. Bureau of Labor Statistics reported Thursday, indicating that inflation decelerated.
On a month-over-month basis, prices declined 0.1% in March, marking the first time monthly CPI prices have fallen since May 2020, according to a report from the Bureau of Labor Statistics (BLS) ...
BLS Commissioner Katharine Abraham told a news conference that the agency has determined there is only 0.25 percentage points of possible bias in the current Consumer Price Index, not the 1.1 ...
The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.4% over the prior year in March, a slowdown from February's 2.8% annual gain and a beat ...