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.
| 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" | | Producer Price Index-PPI | The producer price index (PPI) is a family of indexes that gauges the average fluctuation in selling prices received by domestic producers over time. | 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 | | | | | |
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