NARFE
National Active and Retired Federal Employees Association

National Active and Retired Federal Employees Association
National Active and Retired Federal Employees Association
National Active and Retired Federal Employees Association
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NARFE
This site has been visited 22455893 times.
Last update: 09/2/2010.
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JULY 2010 CONSUMER PRICE NEWS
The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), for the month of July, was unchanged. Released by the Bureau of Labor Statistics (www.bls.gov/cpi or 202/691-6994) on August 13, the CPI-W for July is 213.898. For purposes of calculating the next COLA (cost-of-living adjustment), the index, which will be averaged with the August and September indices, is still 0.74 percent below the 2008 third quarter average base index of 215.5. (Due to price deflation, in the past measurement year, the 2008 third quarter average is still the point of comparison.) August consumer price indices will be released Friday, September 17, 2010. (The formula for CPI calculation appears on page 6 of the 19 page BLS release. The URL is http://www.bls.gov/news.release/pdf/cpi.pdf)
Benefits awarded under the Federal Employees Compensation Act (FECA) to individuals suffering work-related injuries or illnesses are adjusted according to each calendar year’s percentage change in the CPI-W. July’s index, 213.898 is 1.0 percent higher than the December 2009 index, 211.703.
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CPI-W
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Monthly % Change |
% Toward Next COLA |
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Oct.
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211.5
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0.1
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-1.9
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| Nov |
212.0
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0.2
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-1.62
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| Dec |
211.7
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-0.1
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-1.8
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| Jan |
212.6
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0.4
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-1.4
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Feb |
212.5 |
0.0 |
-1.4 |
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March
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213.525 |
0.5 |
-0.9 |
April |
213.96 |
0.2 |
-0.7 |
May |
214.124 |
0.1 |
-0.6 |
| June |
213.839
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-0.1 |
-0.8 |
| July |
213.898 |
0.0 |
-0.74 |
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National Active and Retired Federal Employees Association
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This is the only Web site that reflects the official opinions and positions of the National Active and Retired Federal Employees Association (NARFE). Opinions and/or positions that appear on any other site bearing NARFE's name or seal are not necessarily those of NARFE.
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NARFE
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