The Consumer Price Index and the ‘Median CPI’
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Church, Jonathan; Stewart, Kenneth J.
The broadest measure of consumer price change is the Consumer Price Index for All Urban Consumers (CPI-U), published each month by the U.S. Bureau of Labor Statistics (BLS). Shortly after the publication of the CPI, the Federal Reserve Bank of Cleveland publishes its ‘median CPI’. This article summarizes the difference between these two measures of retail inflation.
Bureau of Labor Statistics; BLS; Consumer Price Index; CPI; median CPI