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What is CPI (Consumer Price Index)?
An inflation measure that tracks the price change of a basket of goods and services bought by urban consumers.
ExampleMonthly CPI came in at 2.5%; annual inflation reached 65%.The figures in the example illustrate the concept; they are not current market data.
Related terms
PPI (Producer Price Index)An index that measures changes in producer and wholesale prices; a leading indicator for consumer inflation.InflationThe rise in the general price level over time and the resulting loss of money's purchasing power.Base EffectWhen an unusually low or high value in the previous period makes current-period data look different than itStagflationAn economic condition in which high inflation occurs together with stagnation and high unemployment.
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Frequently asked questions
What is CPI (Consumer Price Index)?
An inflation measure that tracks the price change of a basket of goods and services bought by urban consumers.
What is CPI (Consumer Price Index) called in Turkish?
In Turkish financial reporting and news, CPI (Consumer Price Index) is called TÜFE (Tüketici Fiyat Endeksi).
Which concepts are related to CPI (Consumer Price Index)?
The concepts most often mentioned together with CPI (Consumer Price Index) are PPI (Producer Price Index) and Inflation.