The Consumer Price Index (CPI)measures the average price for a basket of goods and services bought by a typical American consumer.

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The Consumer Price Index (CPI) is designed to measure the average price changes over time for a fixed basket of goods and services purchased by households. It is widely used as a measure of inflation, as it reflects changes in the cost of living for the typical American consumer.

The Consumer Price Index (CPI)measures the Average Price for a Basket