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The Chained Consumer Price Index: What Is It and Would It Be Appropriate for Cost-of-Living Adjustments?

Published Jun 12, 2013Updated Jun 20, 2025

The Congressional Research Service is a nonpartisan policy and legal analysis arm of the Library of Congress. CRS reports are written for members of Congress and their staff, not the public — but they’re made available openly through Congress.gov.

The Chained Consumer Price Index: What Is It and Would It Be Appropriate for Cost-of-Livin… — Informed