The Consumer Price Index (CPI) and its significance in financial realms

By: Farrior, Anthony

Imagine this: you go to the grocery store one day and buy a loaf of bread for $2.

The next month, you go back to buy the same loaf of bread, but now it costs $2.10.

You might think, "Why did the price increase? Is it just this store or is it happening everywhere?" This is where the CPI comes into play.

The CPI is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation,...

• Format: Paperback
• Language: English
• ISBN13: 9798322626824
• Release Date: April 2024
• Publisher: Independently Published
• Length: 34 Pages
• Weight: 0.13 lbs.
• Dimensions: 0.1" x 6.0" x 9.0"