Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Peter Westfall is a distinguished professor of information ...

It incorporates about 29% of the U.S. population. The CPI weighs certain spending categories more than others, based on what people are spending their money on: The U.S. Bureau of Labor Statistics ...

"The BLS reports index weights for dozens of categories, subcategories and specific items in the CPI's basket of goods and services," noted an article published on the website of the Pew Research ...

Reviewed by Somer Anderson The Consumer Price Index (CPI) is the most widely used metric for consumer inflation changes over time and utilizes data based on consumer buying habits from a broad sample ...

Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.

WASHINGTON — After two straight years of sharp gains, the upward momentum slowed in the Consumer Price Index for baked foods and cereal products. The index increased 0.5% in 2024, which followed gains ...