January’s consumer price index report, released Tuesday, was a bit of a mixed bag. Prices were up 6.4% since the same time last year, making January the seventh straight month of cooling year ...

Learn about the Consumer Price Index (CPI), how it measures inflation, affects your purchasing power, and its significance in economic decision-making.

The Consumer Price Index (CPI) regularly measures the change in the prices paid by consumers in the U.S. for a representative basket of goods and services.

Inflation is one of the most important ways the economy impacts consumers. During periods of high inflation, money simply doesn't go as far, so people need to watch their budgets more carefully.

The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...