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CPI definition

Writer: John FalconeJohn Falcone

For those who may not be familiar with this.


The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas.

 
 
 

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The real numbers

Price Increases over last 4 years... CPI Medical Care: +7.9% CPI Apparel: +12.7% CPI New Cars: +20.4% CPI Food at home: +21.4% CPI...

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