United States: CPI worse than estimates at -0.4%
January 16, 2015 at 07:00 pm IST
The consensus counted on -0.3%
This indicator published by the Bureau of Labor Statistics (Labor Department) is calculated according to the price changes of a fixed basket of goods and services purchased by consumers. The index of consumer prices (CPI index) is a measure of inflation. It also serves as a reference for wage indexation and for Treasury bonds.
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