CPI -

How is the CPI data used?

10 July 2023 by dreambiginvestor.com

The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The CPI is calculated and published monthly by the Bureau of Labor Statistics (BLS). The CPI is used to track inflation, which is the rate … Read more

What happens when Consumer Price Index increases?

10 July 202310 July 2023 by dreambiginvestor.com

When the CPI increases, it means that the cost of living is rising. This can have a number of effects on the economy, including: The effects of a rising CPI can vary depending on the specific circumstances. However, in general, a rising CPI can have a negative impact on the economy. Here are some specific … Read more