Consumer Price Index (CPI) is the measure of change in the purchasing power of the currency in the market basket of consumer goods and services by households. Every year the index value is calculated with the previous years since 1913. It is a statistical measure calculated by taking the price change of each consumer items and average them. It is most important static for finding the periods of inflation. Find Consumer price index inflation rate using this CPI Inflation calculator.
Consumer Price Index (CPI) is the measure of change in the purchasing power of the currency in the market basket of consumer goods and services by households. Every year the index value is calculated with the previous years since 1913. It is a statistical measure calculated by taking the price change of each consumer items and average them. It is most important static for finding the periods of inflation. Find Consumer price index inflation rate using this CPI Inflation calculator.
CPI rate uses various categories and sub-categories to classify the consumption items and on the basis of consumer categories like urban or rural. Based on this calculation, the final consumer price index inflation is calculated by national statistical agency. Provide the value and select years from the respective drop down to find the CPI inflation between the two years.