January’s consumer price index report, released Tuesday ... Another thing that changed between the December and January reports? The formula the Bureau of Labor Statistics uses to calculate ...

To calculate the Consumer Price Index between two years in Excel, take a sum of all the amounts spent on the basket of products over those two years. Then use the following formula to find the CPI ...

rather than the consumer price index because, in part, the formula the PCE uses better reflects this substitution effect. These days central banks tend to have an explicit or implicit inflation ...