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Math calculations to better utilize CPI data

Math calculations to better utilize CPI data

www.bls.gov

would result in an 11-month change, not a 12-month/over-the-year change. The calculation below shows the over-the-year change from May 2015 to May 2016 for both the 1982-84=100 and 1967=100 reference bases. The percent change is rounded: Reference Base 1982-84=100 1967=100 May 2015 237.805 712.357 May 2016 240.236 719.641

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