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What is the Consumer Price Index (CPI)? | CPI Explained | Think Econ
3:36
YouTubeThink Econ
What is the Consumer Price Index (CPI)? | CPI Explained | Think Econ
What is the CPI? Maybe you've heard about it on the news, or even in your economics class. Essentially, it's a basket of goods that the average household purchases. The cost of this basket is associated with an index value which, when compared to other index values, can tell you how much inflation has occurred over a given time period! If you ...
51K viewsJun 24, 2022
Consumer price index CPI Inflation Calculator
How to Calculate the Consumer Price Index (CPI) and Inflation Rate
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