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The Committee on National Statistics of the National Academies of Sciences, Engineering, and Medicine will appoint an expert panel to review measurement issues in the Consumer Price Index program for the Bureau of Labor Statistics (BLS) in the U.S. Department of Labor. The expert panel will carefully review the existing Consumer Price Index (CPI) measures.
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Modernizing the Consumer Price Index for the 21st Century
Consensus Study Report
·2022
The Consumer Price Index (CPI), produced by the Bureau of Labor Statistics (BLS), is the most widely used measure of inflation in the U.S. It is used to determine cost-of-living allowances and, among many other important private- and public-sector applications, influences monetary policy. The CPI h...
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