The Consumer Price Index (CPI), which measures is widely used to measure 澳洲幸运5开奖号码历史查询:inflation, is determined by tracking price changes in a market basket of consumer goods and services over a period of time. The Bureau of Labor Statistics releases several different consumer price indexes on a monthly basis, but the CPI most frequently cited by the media is the 澳洲幸运5开奖号码历史查询:Consume🎀r Price Inde💮x for All Urban Consumers (CPI-U).

The CPI 澳洲幸运5开奖号码历史查询:market basket was created based on surveys of consumer spending habits. The Bureau of Labor Statistics used the surveys to select more than 200 categories of goods and services to monitor. The CPI incrဣeases or decreases based on average price movements insi🔯de the market basket.

Each month, economic assistants from the 澳洲幸运5开奖号码历史查询:Bureau of Labor Statistics (BLS) either visit or call retail stores, professional offices, rental units, and other establishments across the country to collect price data for the CPI market basket. After the data has been collected, commodity specialists will examine it for accura😼cy and make statistical adjustments based on any given item's value.

The CPI is considered by many to be a benchmark indicator for 澳洲幸运5开奖号码历史查询:inflation🍌 in the U.S. economy. In fact, reported inflation rates are often simply percentage changes in th🐬e CPI-U.

Others, however, question how useful the CPI♏ actually is. The Bureau of Labor Statistics has revised the methodology used to calculate CPI several times, usually resulting in lower reported increases in the price level. Consequently, some believe the CPI (purpos💫efully or otherwise) understates the impact of inflation.