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 Price Index (PCE). These two ...

Why is that? The consumer price index (CPI) helps answer this question, as it measures inflation, the economic phenomenon that slowly erodes the purchasing power of your hard-earned dollars.

The CPI is closely watched as an economic indicator to measure inflation. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...

Since the CPI is updated and reported monthly, it can be used to estimate the rate of inflation over as short a period as a single month. How to Calculate Inflation Using the CPI To calculate an ...

Louie: The CPI is a number compiled by the BLS and used to measure how the prices of goods and services in the economy change over time. The CPI, which reflects the cost of a representative market ...