The Consumer Price Index (CPI)

The CPI is a measure of #inflation and how it reflects #consumers.

Reflects a basket of goods and its price over time.

Two main metrics:

Core #CPI excludes food and energy because those prices swing enormously, throwing the numbers.

Find out how often it comes out in Australia.

The CPI can be used as a way of determining the future price of goods in contract negotiations.

You can go back to the [[Economics main page]]