Inside the Consumer Price Index: July 2024

Let’s do some analysis of the Consumer Price Index, the best-known measure of inflation. What does inflation mean at the micro level — specifically to your household? The Bureau of Labor Statistics (BLS) divides all expenditures into eight categories and assigns a relative size to each. The pie chart below illustrates the components of the Consumer [...] The post Inside the Consumer Price Index: July 2024 appeared first on ETF Trends .