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Consumer Price Index CPI - Explained
Автор: Jason | Finbrain
Загружено: 2024-10-08
Просмотров: 2388
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How Inflation is Measured: A Simple Guide to the CPI
Ever wondered how inflation is determined? This video breaks down the concept of the Consumer Price Index (CPI), likening it to a shopping basket filled with everyday items like food, housing, and transportation. Discover how experts track and weigh these items to reflect average consumer spending, and learn how monthly comparisons to a base year help calculate the inflation rate. Find out why CPI matters in your daily life, impacting everything from wages to benefits.
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