Source: International Business Times
The SSA applies CPI-W data from the third quarter of each year compared with the same period a year earlier to determine the annual percentage change used to calculate Social Security benefit adjustments affecting more than 70 million Americans. AFP Social Security cost-of-living adjustments in the United States for 2027 are being linked to inflation trends that continue to show persistent pressure in energy, housing and services, according to reporting based on federal data and economic estimates. The projected adjustment is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), a federal inflation measure that tracks changes in prices across a basket of goods and services including food, transportation, housing and energy, according to the Social Security Administration (SSA).
