A Comparison of the CPI and the PCE Price Index
比较了消费者价格指数(CPI)和个人消费支出价格指数(PCEPI)的构建差异与优劣,结论认为经过近期改进后CPI是更好的价格指数。
this article examines whether the PCEPI is truly superior to the CPI. The first section reviews the differences in the construction of the indexes. The second section examines the advantages and disadvantages of the CPI and PCEPI. The article concludes that, while some observers might weigh the many pros and cons of the indexes differently, with recent improvements the CPI is the better price index.