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Consumer Price Index - United Kingdom - was created in 1947.

Q: When was Consumer Price Index - United Kingdom - created?

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Consumer Price Index - United Kingdom - was created in 1947.

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The United States Bureau of Labor Statistics calculates the consumer price index. The CPI is calculated monthly based on goods and services purchased by the average urban household.

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Consumer Price Index (CPI)

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Consumer price index is a way to measure the averages of prices of consumer goods and services. It is calculated by taking price changes of items or goods and averaging them. Consumer price index is used to assess price changes associated with the cost of living.

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