Consumer Price Index

The consumer price index (CPI) is a measure of inflation in the U.S. It is based on a basket of goods that are consumed daily by consumers. These goods are compared to their prices from the previous year. Prices of goods in the basket are recorded and weighted by each good’s importance. These prices are then compared to the goods’ average prices from a base year. This comparison results in a percentage increase or decrease, which is the amount that the CPI has gone up or down. A large increase in a short period signifies inflation while a large drop signifies deflation. CPI is also used for adjustments to pensions, Medicare, and the cost of living.

Learn Ways To Help Build Long-Term Real Estate Wealth

Get Tips For Managing Real Estate Wealth
Download eBook

 


Get Tips For Managing Real Estate Wealth

Learn Ways To Help Build Long-Term Real Estate Wealth

Learn new ways to use real estate to pursue your wealth goals.

By providing your email and phone number, you are opting to receive communications from Realized. If you receive a text message and choose to stop receiving further messages, reply STOP to immediately unsubscribe. Msg & Data rates may apply. To manage receiving emails from Realized visit the Manage Preferences link in any email received.