The Consumer Price Index (CPI)
Reflects a basket of goods and its price over time.
Two main metrics:
- Total CPI
- Core CPI
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
- Open document (Hedgedoc) at https://doc.anagora.org/consumer-price-index-(cpi)
- Video call (Jitsi) at https://meet.jit.si/consumer-price-index-(cpi)