Decoding Economic Indicators: Comprehensive Insights for Investors & Policymakers
Lastly, the price of eachitem in the market basket is recorded and then totaled. The finaltotal is representative of the market basket in the base year, and isvalued at 100%. Inflation is measured through indices like the Consumer Price Index (CPI), which calculates the price changes of a basket of goods and services. Central banks […]
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