Consumer Price Index (CPI)


Output: Press calculate


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Formula:CPI = ((C - P) / P) * 100

Introduction to Consumer Price Index (CPI) Calculator

The Consumer Price Index (CPI) measures changes in the price level of a weighted average market basket of consumer goods and services purchased by households. It is used to determine inflation and as a gauge of the effectiveness of economic policies.

Parameters:

Output:

Data validation

All costs should be non-negative numbers. The base year should be a valid year.

Summary

This calculator helps determine the Consumer Price Index (CPI) based on changes in the cost of a market basket of goods and services relative to a base year.

Tags: Economics, CPI, Inflation, Market Basket