#CPI&JoblessClaimsWatch CPI stands for Consumer Price Index. It's a measure that examines the average change over time in the prices paid by consumers for a basket of goods and services. It’s commonly used to:

Measure Inflation – CPI shows how much prices are rising (or falling) over time.

Adjust Wages and Benefits – Governments and companies may use CPI to adjust salaries or pensions.

Guide Economic Policy – Central banks use it to decide on interest rate changes.

The “basket” of goods typically includes things like food, clothing, rent, healthcare, transportation, and more. If CPI increases, it usually means the cost of living is going up.