Use R to Calculate Inflation with the blscrapeR Package

The Consumer Price Index (CPI) is the main standard for tracking the inflation of the U.S. dollar. The various CPI measures are published monthly by the Bureau of Labor Statistics. For this walk-through, we will be using the blcsrapeR package to download our data from the BLS and perform the calculation. The blscrapeR package can Read More


Calculate Inflation with R

I was surprised to see there weren’t more of these types of calculators in the R community. Inflation and adjusted payments seem like they would be more common. I was able to find a way to gather Consumer Price Index data using the quantmod package but quantmod leaves you to your own devices in converting Read More