What is Consumer Price Index| How CPI Calculated

Описание: In this video, we will dive into the concept of the Consumer Price Index (CPI) and explore how it is calculated. The CPI is a crucial economic indicator that measures changes in the average prices of goods and services purchased by households over time. By understanding the CPI and its calculation, you will gain valuable insights into inflation and the cost of living. Join us on this educational journey to decode the mysteries of the CPI and discover its significance in the economy
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