How to Track Changes in Consumer Prices
2024-10-28 14:11
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a basket of goods and services. The CPI is calculated by the Bureau of Labor Statistics (BLS) and is released monthly.
The CPI is a widely used measure of inflation and is used by businesses, governments, and economists to make decisions. It is also used to adjust wages, pensions, and other payments to keep pace with inflation.
There are several ways to track changes in the CPI.
- The BLS website: The BLS website has a Consumer Price Index page that provides the latest CPI data and historical data.
- The CPI app: The CPI app is available for free on the App Store and Google Play. The app provides the latest CPI data and historical data, as well as a variety of charts and graphs.
- The CPI newsletter: The BLS offers a free CPI newsletter that is delivered to your inbox each month. The newsletter includes the latest CPI data and analysis.
- The CPI press release: The BLS issues a press release each month with the latest CPI data. The press release includes a summary of the data and analysis.
In addition to the CPI, there are several other measures of inflation that you may want to consider.
- The Producer Price Index (PPI) measures the average change over time in the prices paid by producers for a basket of goods and services.
- The Personal Consumption Expenditures (PCE) Price Index measures the average change over time in the prices paid by consumers for a basket of goods and services.
- The GDP Price Index measures the average change over time in the prices of all goods and services produced in the economy.
These are just a few of the many ways to track changes in consumer prices. By using these tools, you can stay informed about inflation and make informed decisions about your finances.
Comment suivre l’évolution des prix à la consommation ?
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