Purchasing power refers to the amount of goods and services a person or entity can buy with a given amount of money. It ...

Stripping out more volatile food and energy prices, the core CPI also moderated, coming in at 0.2 percent in February. That ...

The government revised the CPI formula in the 1990s so that it understated the actual rise in prices. Based on the formula used in the 1970s, CPI is closer to double the official numbers.

Inflation slowed more than expected in February and cooled for the first time in five months, but that progress may be short ...