#CPI&JoblessClaimsWatch

Consumer Price Index (CPI)

- *Definition*: The Consumer Price Index is a measure of the average change in prices of goods and services consumed by individuals.

- *Importance*: CPI is used to measure inflation and its impact on consumers' purchasing power.

- *Effect on the economy*: An increase in CPI may lead to an increase in inflation, which can affect monetary and fiscal policy.

Unemployment Claims

- *Definition*: Unemployment claims are the number of individuals who have applied for unemployment compensation.

- *Importance*: Unemployment claims are used to measure the state of the labor market and its impact on the economy.