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Virginia Consumer Price Index
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FAQ
The consumer price index , reported Tuesday by the Bureau of Labor Statistics, climbed 3.2% year over year in October?a slower pace than the 3.7% rate recorded in September and August. Economists surveyed by FactSet expected October's inflation rate to slow to 3.3% year over year.
The all items index rose 3.2 percent for the 12 months ending October, a smaller increase than the 3.7-percent increase for the 12 months ending September. The all items less food and energy index rose 4.0 percent over the last 12 months, its smallest 12-month change since the period ending in September 2021.
To find the CPI in any year, divide the cost of the market basket in year t by the cost of the same market basket in the base year. The CPI in 1984 =? $75/$75 x 100? = 100? The CPI is just an index value and it is indexed to 100 in the base year, in this case 1984. So prices have risen by 28% over that 20 year period.
Harvard. Australian Bureau of Statistics 2023, Monthly CPI indicator rose 5.2% annually to August 2023, ABS, viewed 12 November 2023, < >.
Not seasonally adjusted CPI measures The Consumer Price Index for All Urban Consumers (CPI-U) increased 3.7 percent over the last 12 months to an index level of 307.789 (1982-84=100).
In the 12 months through October, the CPI climbed 3.2% after rising 3.7% in September. Economists polled by Reuters had forecast the CPI gaining 0.1% on the month and increasing 3.3% on a year-on-year basis.
Consumer Price Index, Los Angeles area ? September 2023 MonthAll itemsAll items less food and energyDec 20224.94.5Jan 20235.84.5Feb 20235.14.5Mar 20233.74.333 more rows