What is the current rate of inflation? Is it the same thing as the Consumer Price Index?
The Consumer Price Index (CPI) is one measure of
inflation. The CPI measures inflation as experienced by
consumers in their day-to-day living expenses; it is the
ratio of the value of a basket of goods in the current
year to the value of that same basket of goods in an
earlier year. The
most recent CPI
data is available on the Bureau of Labor Statistics
Web site. Another measure of inflation,
"core inflation,"
is discussed on the Ask Dr. Econ" section of the Federal
Reserve
Bank of San Francisco's Web site.
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Where can I find the most current information about the
Consumer Price Index?
Information on the
Consumer Price Index is
available on the Web site of Department of Labor's Bureau
of Labor Statistics.
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Where can I find the current Producer Price Index?
The
Producer
Price Index is available from the United
States Department of Labor's Bureau of Labor Statistics
Web site.
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What is the level of consumer debt?
The Federal Reserve Board's
G.19 Statistical Release lists the
level of consumer debt. The data are released around the
fifth business day of each month.
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How does the Producer Price Index differ from the Consumer
Price Index?
A detailed explanation of the differences is available on
the United States Department of Labor, Bureau of Labor
Statistics
web site.
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