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The CPI was forecast to rise 2.6% last month, according to economists polled by financial data firm FactSet. The CPI, a basket of goods and services typically bought by consumers, tracks the change in ...
Then, we use these data to map changes in the shares, or weights, of consumer spending on the goods and services in the CPI basket. Figure 1 outlines our process. Figure 1: Constructing the adjusted ...
The weights with which the price trends of the individual goods and services are reflected in the consumer price index are also important. The Price Kaleidoscope shows you the price trend and the ...
In the extant CPI basket, with base 2012, the ‘housing’ group carries a weight of 10.07%. but in the new one, the weight is likely to reduce to around 9%, said the officials. The present ...