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progree

(13,027 posts)
9. Yes, approximately
Tue Apr 14, 2026, 10:05 AM
Yesterday

Actually, the monthly increases compound, so a 0.5% monthly increase for 12 months in a row would come to

(1.005^12 - 1 ) X 100% = 6.17%

The actual increase using the index numbers, for more precision, was 0.512%

which annualizes to 6.32%

Index numbers
http://data.bls.gov/timeseries/WPSFD4

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