Purchasing power refers to the amount of goods and services a person or entity can buy with a given amount of money. It ...

The chain-weighted Consumer Price Index (CPI) is an alternative to the standard index that considers changes in consumer behavior.

An ideal way to calculate inflation-adjusted prices is by collecting data on a particular indicator, preferably a consumer price index.

A basket of goods is defined as a constant set of consumer products and services valued on an annual basis and used to calculate the consumer price index.

This chart allows you to calculate your Personal Inflation Rate. It is based on the exact same data that the Bureau of Labor Statistics uses to calculate CPI.

Learn about the Consumer Price Index (CPI), how it measures inflation, affects your purchasing power, and its significance in economic decision-making.

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 ...

Learn about the Consumer Price Index (CPI), how it measures inflation, affects your purchasing power, and its significance in economic decision-making.

Calculating a customized inflation rate is better than using a blunt measure like CPI.

Calculating Purchasing Power To calculate the purchasing power, collect the CPI information from the Bureau of Labor Statistics. In January 1975, the CPI was 38.8 and in January 2018, was 247.9.