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Yes, the CPI is itself a process that ensures continued improvement in service delivery.

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Yes, the CPI is itself a process that ensures continued improvement in service delivery.

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Chained CPI is 0.3% less than the Normal CPI.

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146.8Type your answer here...

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Criticisms of the CPI

All the criticisms of the CPI arise from the fact that it is a fixed weight basket. The three main

criticisms are given below:

1. The CPI suffers from a substitution bias.

2. The CPI does not include new products.

3. The CPI does not include quality changes.

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CPI International's population is 1,500.

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