To calculate the Consumer Price Index between two years in Excel, take a sum of all the amounts spent on the basket of products over those two years. Then use the following formula to find the CPI ...
The Consumer Price Index (CPI) measures inflation by comparing the change in price over time for a basket of consumer goods and services. The CPI illustrates the effectiveness of government economic ...
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 ...