🏷️ What is the Consumer Price Index (CPI)?
➡️The Consumer Price Index (CPI) is an economic indicator that tracks the average change in prices for certain goods and services.
➡️The CPI is a key measure of inflation, indicating how much prices have increased over a specific period. Policymakers, companies, and consumers use it to make more informed decisions.
➡️By monitoring CPI trends, investors can better understand the economic environment and make more informed decisions regarding their investments.