GASOLINE and DIESEL FUEL
In 2000, 34% of people aged 18-24 were enrolled in college (U.S. Census) and 25.6% of people aged 25 years or older have completed 4 years (U.S. Census, Table A-2).
See tabs above for additional price categories
What is the Consumer Price Index (CPI)?
"The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a representative basket of consumer goods and services" with respect to a given base year with value 100. Source: Bureau of Labor Statistics
What is inflation?
As measured with CPI, it is the percent change in the CPI between two different years, showing the "annual percentage change in the cost to the average consumer of acquiring a basket of goods and services". Source: Federal Reserve Bank of St. Louis
CPI Inflation Formula: CPIx-1-CPIx ⁄CPIx*100
In the United States...
Marie Concannon, Government Information Librarian
Government Documents Department, Ellis Library
University of Missouri, Columbia
Phone (573) 882-0748