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.
CPI tracks average price changes for goods and services, influencing economic policies. Monthly CPI reports display short-term price trends, essential for understanding market shifts. CPI ...
Year-over-year core CPI (which excludes volatile food and energy costs) rose 3.3%, below the December rate of 3.2%. The CPI increased 0.5% month over month in January after rising 0.4% in December ...
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