What The CPI Market Basket Means For You

By Admin, March 16, 2013


Does it feel like your groceries are getting more expensive? There’s a way to tell if they really are. The Consumer Price Index (CPI) market basket measures more than just the food in your grocery basket to capture inflation. It is developed from detailed monthly records kept by government officials who are hired to track and record prices of reselected items in stores. This infographic shows you how the CPI market basket works to measure inflation.


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