Price Measurement

2 Posts
1 Sections
1 Types

August 31, 2024 4 min read Definitions

CPI: Consumer Price Index and Out-of-Pocket Expenses

Economics Finance Statistics Consumer Price Index Inflation Out-of-Pocket Expenses Price Measurement Economic Indicators

The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. This entry focuses on its relation to out-of-pocket expenses.

August 31, 2024 4 min read Definitions

CPI: Consumer Price Index

Economics Finance Statistics Inflation Price Measurement Economic Indicators Market Analysis Cost of Living

The Consumer Price Index (CPI) measures the average change in prices over time that consumers pay for a basket of goods and services.