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The Consumer Price Index is a key economic indicator, measuring inflation. Calculated by taking the change in the weighted average prices of a basket of consumer items.

The Consumer Price Index (CPI) is an economic indicator designed to measure the cost of living in an economy. The CPI measures the change in the weighted average prices of a basket of consumer items, the Market Basket. The items have been chosen to reflect price changes in the cost of living. The Basket is a collection of consumer goods and services, covering consumer staples such as food and medicine and transport. The CPI is measured year on year and published on a regular basis, often monthly. In the U.S. the Bureau of Labor Statistics calculates the CPI, collecting data on 94,000 price quotes, covering 93% of the U.S. population.


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Warren William

Meet the author behind Smartest-Data. Warren William has a career in Finance and Investments extending over 35 years, both on the Buy Side and Sell Side. His most recent roles include, developing Institutional Risk Management Programs for managing Equity and Fixed Income Risk.  Prior to this Warren William work in Alternative Investments, in Investment Management and as a Buy Side Equity Analyst. Warren William brings a wealth of knowledge and expertise to the table, providing in-depth analysis and commentary on the latest trends in the Stock Markets. Contact information: or Telegram +393339034488

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