What is Consumer price index (CPI)?
1
It measures changes in the price level of a market basket of consumer goods and services purchased by households.
2
Is a tool used by collectors and investors to track values of collectibles against collectors market from a specific date, calculated in form of Index. It measures the value of a section of the collectors market and computed from the prices of selected collectibles, typically a weighted average.
3
It measures changes in the prices paid for goods and services used in crop and livestock production and family living.
4
A theoretical price index that measures relative cost of living over time or regions.
5
A quarterly economic series detailing the changes in the costs of labor for businesses in the country