The U.S. Bureau of Labor Statistics (BLS) released the latest inflation report, based on the U.S. Department of Labor's ...
SSA bases its annual adjustment on the CPI. Additionally, anyone can use the index to calculate buying power by adjusting historical values to see how they stack up in today’s dollars.
Fortunately for Social Security recipients, there is no such thing as a negative COLA. Even if the cost of goods and services ...
The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers. The Bureau of Labor Statistics calculates the CPI as a weighted average of prices for a basket of ...
The Social Security Administration specifically uses the CPI-W, a subset that reflects the purchasing habits of urban wage earners and clerical workers. To calculate the COLA, the Social Security ...
said the decline in headline inflation resulted from the new methodology deployed by the National Bureau of Statistics to calculate CPI. He said, “The market is still studying the situation ...
The research series offers the best possible approximation of what the CPI would have been if the new method had been used before, based on the available data. In this series, the indices for gas and ...