Title: An Overview of Experimental U.S. Consumer Price Indexes
Abstract: The Consumer Price Index (CPI) has come under intense scrutiny in recent years. To help assess potential differences between what the CPI measures and how it is used for various purposes, the Bureau of Labor Statistics has created a series of experimental price indexes. This article contrasts how the CPI is currently constructed with those experimental indexes. Specifically, experimental CPPs have been constructed for two population groups, older Americans and poor Americans. In addition, experimental geometric-mean and superlative indexes have been developed that move the CPI away from its traditional "fixed-market-basket" concept.
Publication Year: 1999
Publication Date: 1999-04-01
Language: en
Type: article
Indexed In: ['crossref']
Access and Citation
Cited By Count: 25
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot