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tonny

US CPI for SS on a upward path for 2019

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tonny

The CPI-W has increased by 2.3% over the last twelve months. The Social Security actuaries estimate an increase of about 3% for 2019. 

he CPI-W for January 2018 was 241.919, and for February 2018 it was 242.988

Both are a significant increase over the previous months. It is also significantly higher than the 2017 benchmark average. That average is 239.668

The last three month average for the CPI-W now stands at 241.811

The 2019 COLA will be determined by how much the average for July, August and September 2018 exceeds the 239.668 average for the same months in 2017.

The CPI-W has increased by 2.3% over the last twelve months. The Social Security actuaries estimate an increase of about 3% for 2019.

Today release of the wage is the one to watch the wage earners  see this months figures ,,,,,,, below

 

The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W)
increased 2.6 percent over the last 12 months to an index level of 244.607 
1982-84=100). For the month, the index increased 0.5 percent prior to seasonal 
adjustment.  

  there is a small difference in there two figures maybe

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Dafey

Thanks Tony, do you have a source for this news?

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tonny

the dept of labor and there monthly CPI report goggle it

also same google out look for CPI SS benefits for the year 2019 increase you will get a lot of different answer some more some less increase ,But SS own board  are say maybe 3% increase

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SkyMan

Depends only on the 3rd Qtr. Numbers.

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tonny
Posted (edited)

Yes that goes with out saying!!!! but my report was what the writers are saying about the out look !!1 Not what it will be!!! . Other wise some information ahead of time with a possibility of good news.

Edited by tonny

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