0
Consumer Price Index (CPI) is a measure of changes in the purchasing-power of a currency and the rate of inflation. The consumer price index expresses the current prices of a basket of goods and services in terms of the prices during the same period in a previous year, to show effect of inflation on purchasing power. It is one of the best known lagging indicators. See also producer price index.Refer to link below.
What else can I help you with?
What does the term CPI stand for?
Consumer Price Index
The term CPI stands for the words blank Index?
consumer price index
What does the term Consumer Price Index mean?
The goods consumers can buy an it helps to analyzed
An index is a keyword or term that is assigned to a piece of information such as a web page?
This is a good definition of an index.
What another term for icterus index?
The icterus index is the amount of bilirubin found in the plasma. For a fuller definition, check out the related link below.
The consumer price index is a measure of?
Compiled by the Bureau of Labor Statistics, the CPI measures the rate of inflation from month to month. It reports the price of a "market basket," a collection of around 300 goods that a typical consumer buys regularly. It then measures the increase or decrease of that price from the price in a given year. If the CPI for 2010 were 180, then prices have risen about 80% from the base year. Core CPI does not take into account oil and food prices, which are more volatile. As a result, many economists prefer to use Core CPI when measuring long-term inflation.
What is the term for a person who buys goods and services?
This is the economic definition of a consumer.
What is the amount of a good or service that a consumer is willing to buy is?
The term for that definition is effective demand
What it the amount of good or service that a consumer is willing to buy?
The term for that definition is effective demand
What is the definition of the term internet appliance?
The definition of the term internet appliance is a consumer device whose main purpose is easy internet access to Internet services. An example of one of these services is email.
Can inflation be traced?
Yes, inflation can be traced through various economic indicators such as the Consumer Price Index (CPI) and the Producer Price Index (PPI), which measure changes in the price levels of goods and services over time. By analyzing these indices, economists can identify trends and contributing factors, such as supply chain disruptions, changes in demand, and monetary policy. Additionally, historical data allows researchers to assess long-term inflation trends and their causes.
What is the definition of subterms in the ICD-9-CM?
A word or phrase that describes a main term in the ICD-9-CM Alphabetic index.
