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Consumer price index |
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Consumer Price Index (CPI) The CPI, as it is called, measures the prices of consumer goods and services and is a measure of the pace of US inflation. The US Department of Labor publishes the CPI every month.
Consumer price index (CPI). The consumer price index (CPI) is compiled monthly by the US Bureau of Labor Statistics and is a gauge of inflation that measures changes in the prices of basic goods and services. Some of the things it tracks are housing, food, clothing, transportation, medical care, and education. The CPI is used as a benchmark for making adjustments in Social Security payments, wages, pensions, and tax brackets to keep them in tune with the buying power of the dollar. It's often incorrectly referred to as the cost-of-living index. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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j,t] are consumer price indexes for the United States and economy j. The Grumbach study, according to Banks, was based on the meshing of annual consumer price indexes and gross domestic product figures. Combine this kind of market activity with increasingly positive national economic reports including improvement in employment, inflation in check as demonstrated by both producer and consumer price indexes, increasing retail sales, gains in domestic car sales, and an optimistic forecast by the nation's purchasing managers among other signs, and you have reason to believe the bottom is behind us and momentum is building for a sustained recovery. |
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