The Consumer Price Index “is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services,” according to the Bureau of Labor ...

Escalation clauses are often used to facilitate the creation of long-term contracts as wages or prices fluctuate over time. In these contract negotiations, the Consumer Price Index (CPI) is one of the ...

U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations for a ...