The GDP deflator formula includes the value ... Other indexes measure inflation based on a fixed basket of goods. These include the consumer price index (CPI), which measures the level of retail ...

That rate is calculated by determining the current index value of the basket of goods and services ... Because the PCE and CPI differ in their formula, weighting, scope and other effects, their ...

The CPI is not a direct cost of living indicator; it is merely a price survey of a broad basket of consumer staples ... The ...