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Bookmark or Share- What Is the Consumer Price Index (CPI)? - InvestopediaThe Consumer Price Index measures the overall change in consumer prices based on a representative basket of goods and services over time. The CPI is a widely used measure of inflation, closely ...
- Consumer Price Index (CPI) | Definition, Calculation, & UsesThe Consumer Price Index is a widely recognized and utilized economic metric that tracks the average fluctuations in prices of goods and services acquired by households over a given period of time. The CPI is used to adjust many economic variables for inflation, such as wages, taxes, and interest rates, and is also used to calculate real GDP.
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