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June 1999, Vol. 122, No. 6

CPI research series using current methods, 1978-98

Kenneth J. Stewart and Stephen B. Reed
Economists, Division of Consumer Prices and Price Indexes, Bureau of Labor Statistics

BLS research indicates that the measured rate of inflation would have been lower since 1978 if methods currently used in calculating the Consumer Price Index for All Urban Consumers had been in place from that year to the present.

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Related BLS programs
Consumer Price Indexes

Related Monthly Labor Review articles
Incorporating a geometric mean formula into the CPI.Oct. 1998.
Overview of the 1998 revision of the Consumer Price Index.Dec. 1996.
Apparel price indexes: effects of hedonic adjustmentMay 1994.

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