What is the 'Consumer Price Index - CPI'?

The Consumer Price Index examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Term of the Day | INVESTOPEDIA Consumer Price Index - CPI The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them. Changes in the CPI are used to assess price changes associated with the cost of living; the CPI is one of the most frequently used statistics for identifying periods of inflation or deflation. Breaking it Down: The U.S. Bureau of Labor Statistics reports the CPI on a monthly basis and has calculated it as far back... Read More » Related to "Consumer Price Index - CPI" The Consumer Price Index: A Friend To Investors As a measure of inflation, this index can help you make key financial decisions. Read More » Is the consumer price index (CPI) the best measure of inflation? The CPI is a sound index to measure inflation, but for a more accurate and comprehensive measure, the PPI and the GDP deflator are also required. Read More » What is the difference between CPI and PPI? Learn how the CPI and PPI differ in the composition of their target sets of goods and services and the types of prices collected for them. Read More » Related Definitions Consumer Price Index For Urban Wage Earners And Clerical Workers (CPI-W) The Consumer Price Index for Urban Wage Earners and Clerical Workers is a variation of the consumer price index that measures consumer prices for workers. Read More » World Bank Group The World Bank Group is the world's most prominent development bank. Read More » New Alternative Transportation to Give Americans Solutions Act of 2011 The New Alternative Transportation to Give Americans Solutions Act of 2011 was designed to encourage more domestic alternative energy production. Read More » Headline Inflation Headline inflation is the raw inflation figure reported through the Consumer Price Index (CPI) that is released monthly by the Bureau of Labor Statistics. Read More » CONNECT WITH INVESTOPEDIA Email sent to: mondemand.forex@blogger.com If you wish to unsubscribe, please click here, or manage subscriptions 114 West 41st St, floor 8 New York NY 10036 © 2018, Investopedia, LLC, All Rights Reserved | Privacy Policy