Friday, October 20, 2017

Consumer Price Index (CPI)

Written by Siti Nurbaya B Tuesday, 25 June 2013 03:27

 

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. 

 

 

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  • Consumer Price Index (CPI)   A measure of changes in the purchasing-power of a currency and the rate of inflation. The consumer...
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