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Personal Price Index guides tracking inflation by lifestyle
Economists propose a Personal Price Index to tailor inflation tracking to individual spending. The method uses seven categories and specific weights, enabling households to compare their actual costs to regional CPI. Officials caution on methods and suggest annual checks. Separately, Maryland’s high court will hear if educational malpractice suits should be allowed, a move feared to strain schools.
MENTIONED IN THIS ARTICLE
Citibank
Labor Departments
Bureau of Labor Statistics
Annapolis
Maryland
New York
California
Alaska
Maryland Court of Appeals
Montgomery County
Joseph
Phyllis Hunter
Ross
Court of Special Appeals
Gus A Crenson
State Department of Education
Baltimore County
Hunter