Difference between revisions of "Calculate CPI"
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The Consumer Price Index (CPI) is a measure of changes in product costs over a specific time period, and it is used as both an indicator of the cost of living and economic growth. In the United States, the official CPI is calculated based upon aggregated data regarding the price of common consumer items in certain urban districts.<ref name="rf1">http://stats.bls.gov/cpi/cpifaq.htm#Question_1</ref> This article will explain how you can calculate CPI on your own. | The Consumer Price Index (CPI) is a measure of changes in product costs over a specific time period, and it is used as both an indicator of the cost of living and economic growth. In the United States, the official CPI is calculated based upon aggregated data regarding the price of common consumer items in certain urban districts.<ref name="rf1">http://stats.bls.gov/cpi/cpifaq.htm#Question_1</ref> This article will explain how you can calculate CPI on your own. | ||
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== Steps == | == Steps == | ||
