Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Peter Westfall is a distinguished professor of information ...

As the costs of goods continues to increase nationwide, Social Security benefit adjustments aren't expected to keep up.

This table contains the annual rates of change of the CPI from the moment they were first published. The annual rate of change reflects changes in prices of consumer goods and services in a ...

The Labor Department on Wednesday released the consumer price index for February, which found inflation was 2.8%, slower than ...

The Social Security Administration specifically uses the CPI-W, a subset that reflects the purchasing habits of urban wage earners and clerical workers. To calculate the COLA, the Social Security ...

The Social Security COLA, or cost-of-living adjustment, is the process by which the Social Security Administration increases benefits to keep up with rising costs over time. While the general idea of ...

In January, Statistics South Africa (Stats SA) increased the weight of food and non-alcoholic beverage (NAB) prices in the calculation of the country’s Consumer Price Index (CPI) inflation ...

For example, if you hear that the inflation rate was a certain percentage, they're referring to the CPI. However, SSA uses a different inflation metric to calculate the Social Security COLA.

It uses the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) to calculate this. The difference between the 2023 and 2024 third-quarter averages was 2.5% and that's how we ...

So, even though new products may represent considerable consumer expenditures, they may not yet be included in the calculation of the CPI. Any pure price index is flawed by the fact that it does ...