Categorieën: Alle - goods - weight - consumption - value

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CPI

The Consumer Price Index (CPI) is an economic measure that tracks the average change in prices paid by consumers for a basket of goods and services. This basket includes a wide range of items such as food, medicine, haircuts, gas, housing rent, and transportation.

CPI

CPI

example

pear
apple
twice the weight
if we spend twice as much on apples as on pears

Price Index

contains
all the goods and service

house rent

transportation

haircuts

medicine

gas

food

consumed in a county

determined

by

the value of what is consumed

in a country

weight in CPI basket

the larger the value in total consumption
the larger the weight

CPI basket

in the basket

Consumer Price Index