The consumer price index is a weighted average collection of the prices of common goods and services. Changes in the CPI over time are used to estimate the rate of inflation. The consumer price ...

The CPI is used as a measure of inflation for policymakers, financial markets, businesses, and consumers. The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers.

This is why it's important to understand what the Consumer Price Index (CPI) is and how it ties into inflation. What is the Consumer Price Index? The CPI measures the average change in prices that ...

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.