Consumer Price Index Explained By Government Report
Washington AP reports the CPI is a monthly inflation measure derived from 120000 price entries. It tracks costs across food clothing housing health care transportation and recreation and guides families workers and pensioners in budgeting contracts and potential income changes. The next April living costs figure is due Tuesday from 240 participants in 56 cities.
MENTIONED IN THIS ARTICLE
Washington
CPL
Labor Department
Bureau of Labor Statistics
Understanding the Origin of the Consumer Price Index
A detailed account explains how government statisticians collect data from 120000 workers across 15000 stores on 400 items, via mail surveys and visits, to construct the CPI first compiled in 1913 and updated in 1964. It outlines item weights, uses, and how wages relate to purchasing power amid inflation.
MENTIONED IN THIS ARTICLE
Janet Norwood
Bureau
CPT
Nixos
White House
Norwood
Man Held Over Break-In At Chico Cafe
An 18-year-old man was jailed after a weekend burglary at the Chico Cafe, 191 San Pedro. Two witnesses saw a man break the front door glass around 11 p.m. Sunday and flee. Police followed to the suspect’s home and arrested him. Damages to the door were $25. Three nearby residential burglaries were also reported with losses totaling $3,515.
MENTIONED IN THIS ARTICLE
San Pedro
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