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help In the United States, the inflation rate is usually measured by the month t

ID: 1188654 • Letter: H

Question

help In the United States, the inflation rate is usually measured by the month to month or year to year percentage change in the Consumer Price Index (CPI-U). The Bureau of Labor Statistics prepares these calculations. Go to their summary of the CPI on the following page and the first paragraph states by how much the CPI-U for urban consumers (the inflation rate) has changed in the most recent 12 month period What is the current inflation rate for the most recent twelve months reported for all items (before seasonal adjustment)?

Explanation / Answer

It is clear from the above description that CPI-U has been 0.2% before adjustment.