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Consumer Price Index
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More than 10.000 documents for Consumer Price Index
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It isn't just Social Security payments that will go up next year. Based on increases in the cost of living, as measured by the Consumer Price Index, taxpayers will see higher personal exemptions and wider tax brackets, thereby reducing their taxes in 2012.
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Old-Age, Survivors, and Disability Insurance (OASDI, Social Security) benefits are indexed for inflation to protect beneficiaries from the loss of purchasing power implied by inflation. In the absence of such indexing, the purchasing power of Social Security benefits would be eroded as rising prices raised the cost of living. Recently, the Consumer Price Index used to calculate the Cost-of-Living-Adjustment (COLA) for OASDI benefits has come under increased scrutiny. Some argue that the current index does not accurately reflect the inflation experienced by seniors and that COLAs should be larger. Others argue that the measure of inflation underlying the COLA has technical limitations that cause it to overestimate changes in the cost of living and that COLAs should be smaller. This arti...
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This paper demonstrates the importance of properly measuring inflation when estimating Federal Reserve reaction functions. Based on static Taylor rule type reaction functions the median consumer price index (MCPI) is a better measure of information on monetary inflation than either the consumer price index (CPI) or the GDP chain-type price index (CTPI) or several other common measures of inflation. The issue is important when attempting to assess the stance of monetary policy; the Federal Reserve's goal of maintaining price stability must account for movements in the overall price-level and not changes in relative price.
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Inflation has been slightly higher than projected. Measured by the consumer price index (CPI), inflation is now higher than 3%. A strong rise in prices for electricity and petrol has pushed up CPI inflation since autumn 2007. Inflation has increased in many countries. Oil and gas prices have risen further through spring. Capacity utilization in Norway is high. An ample supply of labor, strong productivity growth and considerable terms of trade gains through several years have boosted the growth potential of the Norwegian economy. Growth in the Norwegian economy seems to have slowed as expected in 2008 Q1. Enterprises in Norges Bank's regional network report high capacity utilization but moderating growth in most of the industries. Monetary policy in Norway is oriented towards annual con...
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Question How is inflation measured? - W.R., Vail, Colo.
