What is the CPI?

5 months ago
29

Are you looking to better understand the Consumer Price Index (CPI) and its impact on inflation and the cost of living? In this short [What is the CPI?] video , we dive into the details of the CPI, what it's made up of, and its purpose. We'll discuss how it's used by businesses and the government to adjust wages and benefits to account for changing costs of goods and services. By gaining insight into the CPI, you can get a grasp on the dynamics of the changing cost of living. After watching this video, you'll understand why the CPI is important to the economy and how it affects everyday life. So hit the play button and let's get started!

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