The $100 you just spent at the grocery store bought 4% less than it did one year ago. Why is that? The consumer price index (CPI) helps answer this question, as it measures inflation, the economic ...
I'm a senior consumer finance reporter for Forbes Advisor. I cover what's going on in the news and how it affects your bottom line. When I'm not writing articles, I author the Forbes Advisor Weekly ...
The Bank of Canada defines inflation as “a persistent rise in the average level of prices over time.” The government-provided inflation metric is called the consumer price index, or CPI. But how is ...
NEW YORK — The Consumer Price Index, the nation’s best-known inflation gauge, plunged in October thanks to a record drop in gasoline prices. But if prices still seem high to you, you’re right. October ...
The Consumer Price Index (CPI) measures the average change in prices over time for a specific set of goods and services, reflecting changes in the cost of living. CPI is crucial for understanding ...