Consumer
Price Index (CPI)
Term category:
Economics
In 10 words
or less: An index that measures inflation by looking at the prices
of consumer goods.
Definition:
The CPI is an economic indicator that measures the change in a batch
of consumer products. The change in price is considered to
be inflation.
Advice: The
CPI is a closely watched indicator because inflationary concerns
are the big driver behind rising interest rates. When inflation
is thought to be on the rise, the Fed begins to raise rates to slow
the economy.
# - A
-
B -
C
- D
- E
- F
- G
- H
- I
- J
- K
- L
- M
- N
- O
- P
- Q
- R
- S
- T
- U
- V
- W
- X
- Y
- Z