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SOURCE ROOM

Consumer Price Index Frequently Asked Questions

U.S. Bureau of Labor Statistics

Claims Supported by This Source

  1. The CPI is a measure of the average change over time in the prices consumers pay for a basket of representative goods and services.
  2. The CPI measures the inflation experienced by consumers as their day-to-day cost of living.

How to read the verification levels. "Read Through" means the source was read in its entirety. "Bibliography & Abstract Read" means the bibliographic information and abstract were confirmed. "Via Course Material" means the source was referenced through the textbook or course text. The "Text Hash" is the SHA-256 of the main text from the publisher's page, excluding tags and whitespace, used to detect if the source has been modified.