The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...
The consumer price index is expected to show that core inflation ended the year on a bit softer note, but be ready for a disappointment as the S&P 500 tries to get back in rally mode.
Changes in the CPI over time are used to estimate the rate of inflation. The consumer price index is essentially a collection of average current prices of common goods and services weighted ...
Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.
An inflation spike has hit over the last two years or so, with the CPI rate peaking in October 2022 at 11.1 per cent. Rising inflation means the rate of increase in the cost of living is increasing.