Wage Series Part 9: What’s the Real Difference in How the “U” and “W” CPI Measures are Calculated?

Wage Series Part 9:  What’s the Real Difference in How the “U” and “W” CPI Measures are Calculated?

By Jim Cline and Kate Kremer

spot the differenceIn the last blog article we addressed the recent .5% gap between the “U” and “W” indices. We discussed whether over time there was a significant difference between the CPI-W and the CPI-U, explaining that there was not:

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Wages Series Part 8: Is there a Difference Between the “U” and “W” CPI and Does It Matter?

Wages Series Part 8:  Is there a Difference Between the “U” and “W” CPI and Does It Matter?

By Jim Cline and Kate Kremer

tomatoIn our July 24th blog article we reported on the June CPI and noted the wide spread between the “U” and “W” inflation indices and promised to provide an explanation as to the differences in these inflation measures. We cover that in today’s report.

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Wage Series Part 6: June Inflation Report Shows Rising but Still Low Inflation, Seattle not as Low as All-Cities Index

Wage Series Part 6: June Inflation Report Shows Rising but Still Low Inflation, Seattle not as Low as All-Cities Index

By Jim Cline and Kate Kremer

economyIn our last article covering CPI we reported on the dramatic recent fall off in inflation (below 0%) numbers.  We also predicted that, as to the pivotal June CPI report, the number would show an increase but that “we are not anticipating that these numbers will leap up anywhere near the 2% mark.” In fact, the June CPI numbers are out and they do show a turnaround in inflation numbers and numbers well short of the normal 2% mark.

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