The consumer price index is a weighted average collection ... share of an average citizen’s spending. Both are used as economic indicators and benchmarks.

The CPI is closely watched as an economic indicator to measure inflation ... Updated Jan. 15. Current index: The consumer price index, or CPI, increased 0.4% in December, according to the most ...

Pete Rathburn is a copy editor and fact-checker with expertise in economics and personal finance and over twenty years of experience in the classroom. The Consumer Confidence Index (CCI ...

Tom Werner / Getty Images The Consumer Price Index (CPI) is considered one of the most fundamental and critically important economic indicators used to measure inflation. A CPI is used not only in ...