Consumer Price Index
The Bureau of Labor Statistics' general measure of retail prices (for goods and services) paid by urban wage earners and clerical workers. Includes prices of about 400 items, including food, clothing, housing, medical care, and transportation. The CPI-U is commonly used to deflate time series data and is the most widely accepted measure of inflation.
- CPI (Consumer Price Index)
Download this Concept:
RDF/XMLCreated 2006-01-19, last modified 2017-02-27