Discover millions of ebooks, audiobooks, and so much more with a free trial

Only $11.99/month after trial. Cancel anytime.

Consumer Price Index: Mastering the Consumer Price Index, Your Key to Financial Wisdom
Consumer Price Index: Mastering the Consumer Price Index, Your Key to Financial Wisdom
Consumer Price Index: Mastering the Consumer Price Index, Your Key to Financial Wisdom
Ebook213 pages2 hours

Consumer Price Index: Mastering the Consumer Price Index, Your Key to Financial Wisdom

Rating: 0 out of 5 stars

()

Read preview

About this ebook

What is Consumer Price Index


According to the Consumer Price Index (CPI), which is a type of price index, the price of a market basket of consumer goods and services that are purchased by households is the price of the market basket. The Consumer Price Index (CPI) is a statistic that tracks changes in prices over time. A representative basket of products and services is utilized in the calculation of the Consumer Price Index (CPI). In order to take into account the shifting patterns of consumer purchasing, the basket is updated on a regular basis. A representative sample of retail and service companies is contacted on a monthly basis to get the pricing of the items and services that are included in the basket. When there is a change in the quality or features, the prices are then modified accordingly. The changes in the Consumer Price Index (CPI) may be utilized to monitor inflation over a period of time and to compare the rates of inflation in other nations. Despite the fact that the Consumer Price Index (CPI) is not an ideal estimator of inflation or the cost of living, it is a helpful instrument for monitoring key economic variables.


How you will benefit


(I) Insights, and validations about the following topics:


Chapter 1: Consumer price index


Chapter 2: Inflation


Chapter 3: GDP deflator


Chapter 4: Market basket


Chapter 5: Cost-of-living index


Chapter 6: Personal consumption expenditures price index


Chapter 7: Price index


Chapter 8: Substitution bias


Chapter 9: Retail Price Index


Chapter 10: Harmonised Index of Consumer Prices


Chapter 11: Core inflation


Chapter 12: United States Consumer Price Index


Chapter 13: Consumer Price Index (United Kingdom)


Chapter 14: Törnqvist index


Chapter 15: Economic indicator


Chapter 16: Higher Education Price Index


Chapter 17: Divisia index


Chapter 18: Consumer price index by country


Chapter 19: Indian consumer confidence index


Chapter 20: Inflation in India


Chapter 21: United States Chained Consumer Price Index


(II) Answering the public top questions about consumer price index.


(III) Real world examples for the usage of consumer price index in many fields.


Who this book is for


Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of consumer price index.

LanguageEnglish
Release dateJan 13, 2024
Consumer Price Index: Mastering the Consumer Price Index, Your Key to Financial Wisdom

Read more from Fouad Sabry

Related to Consumer Price Index

Titles in the series (100)

View More

Related ebooks

Economics For You

View More

Related articles

Reviews for Consumer Price Index

Rating: 0 out of 5 stars
0 ratings

0 ratings0 reviews

What did you think?

Tap to rate

Review must be at least 10 words

    Book preview

    Consumer Price Index - Fouad Sabry

    Enjoying the preview?
    Page 1 of 1