June 2015

What is CPI A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. The CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. National CPI data are released each month by the Bureau of Labor Statistics (BLS) within two weeks of the month end. So, for example, CPI for January is available in mid-February. What is CPI Inflation Calculator The CPI Inflation Calculator extracts the latest data from the Bureau of Labor Statistics. The All-Items CPI, used by this calculator to calculate inflation rates in the United States, was last updated on…

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