What Is the Consumer Price Index (CPI)?
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The Consumer Price Index tracks how the prices of goods and services purchased by households are moving over time.
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In Short
CPI is the basic measure of consumer prices. It is the foundation for many inflation measures and strongly influences central bank policy decisions.
What It Tells You
It helps you judge changes in living costs, the balance with wages, and whether interest rates may stay high for longer.
How To Read It
It is often useful to read headline CPI together with core CPI and service inflation to judge how persistent inflation really is.