government statisticians

Who Calculate The CPI Based On The Prices In A Fixed Basket Of Goods And Services That Represents The Purchases Of The Average Family Of Four?

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Who Calculate The CPI Based On The Prices In A Fixed Basket Of Goods And Services That Represents The Purchases Of The Average Family Of Four? The most commonly cited measure of inflation in the United States is the Consumer Price Index (CPI). The CPI is calculated by government statisticians at the U.S. Bureau of

How Do US Government Statisticians Measure The CPI?

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How Do US Government Statisticians Measure The CPI? When the rate of inflation is announced in the media, that rate is usually the percent change in the CPI. The CPI is calculated by government statisticians at the U.S. Bureau of Labor Statistics based on the prices in a fixed basket of goods and services that