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Macro
CPI (Consumer Price Index)
Inflation gauge of consumer basket prices
Definition
CPI measures changes in the price level of a basket of consumer goods and services. It's the primary inflation gauge used by central banks and governments. Core CPI excludes volatile food and energy prices for a clearer trend view.
Related Topics
#inflation
#price index
#consumer spending
#monetary policy
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Category: Macro
Macro economics studies large-scale economic factors including interest rates, GDP, inflation, and government policies.
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