Consumer Price Index-CPI
The basic concepts of CPI-What is a Consumer Price Index?
Consumer Price Index for urban wage earners is to investigate the residents to buy a specific commodity prices, the average of a series of statistical indicators. It is a measure of inflation, one of the key indicators.
CPI is to reflect the living-related products and services price statistics of indicators of price changes come, if the consumer price index increase is too large, indicating that inflation has become an economic instability, the central bank would tighten monetary policy and fiscal policy risk, and thus cause economic outlook uncertain. Therefore, the excessive increase in the index are often not welcomed by the market of intellectual property rights lawyer real estate lawyer.
The consumer price index is a fixed basket of consumer goods prices, measured, mainly reflecting consumers pay for goods and services price changes, is also a tool to measure the level of inflation as a percentage change in the expression. In the United States constitute the major commodity indexes is divided into seven categories, including: food, wine and drinks home; clothing; traffic; medical health; entertainment; other goods and services. In the United States, consumer price index published monthly by the Bureau of Labor Statistics, there are two different kinds of consumer price index. First, workers and staff of the Consumer Price Index, referred to as CPW. Second, the Consumer Price Index for urban consumers, known CPIU.
CPI And Inflation===>
