The "Consumer Price Index" is used to measure price changes in commonly used goods and services, such as food and housing.
The Consumer Price Index (CPI) is a measure that analyzes the weighted normal of costs of a container of buyer products and ventures, for example, transportation, sustenance and restorative consideration. It is determined by taking value changes for every thing in the foreordained bushel of products and averaging them. Changes in the CPI are utilized to evaluate value changes related with the typical cost for basic items; the CPI is a standout among the most much of the time utilized measurements for distinguishing times of expansion or emptying.