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 ...

The Bureau of Labor Statistics will release the consumer price index report for February on Wednesday, March 12.

What does each measure tell you and which matters most for your finances? Plus, what is the Consumer Prices Index including owner occupiers’ housing costs (CPIH)? CPI is the official measure of ...

A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.

The CPI is used as a measure of inflation for policymakers, financial markets, businesses, and consumers. The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers.