The CPI is a measure of changes in the average price of consumer goods and services.

Name: The CPI is a measure of changes in the average price of consumer goods and services.
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The CPI (Consumer Price Index) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services, including food, clothing, housing, medical care, and transportation. It is used as a tool to measure inflation or deflation in an economy.

The CPI Is a Measure of Changes in the Average