Events for June 10, 2020

Loading Events

Events for June 10, 2020

Events Search and Views Navigation

Event Views Navigation

8:30 am

Consumer Price Index (8:30)

June 10 @ 8:30 am

The Consumer Price Index (CPI) measures the change in prices paid by consumers for
goods and services. The CPI reflects spending patterns for each of two population
groups: all urban consumers and urban wage earners and clerical workers. The all
urban consumer group represents about 93 percent of the total U.S. population. It
is based on the expenditures of almost all residents of urban or metropolitan areas,
including professionals, the self-employed, the poor, the unemployed, and retired
people, as well as urban wage earners and clerical workers. Not included in the CPI
are the spending patterns of people living in rural nonmetropolitan areas, farming
families, people in the Armed Forces, and those in institutions, such as prisons and
mental hospitals. Consumer inflation for all urban consumers is measured by two
indexes, namely, the Consumer Price Index for All Urban Consumers (CPI-U) and the
Chained Consumer Price Index for All Urban Consumers (C-CPI-U).

Find out more »
+ Export Events