How to measure the consumer price index
How to Use the Consumer Price Index Measure and Adjust for Inflation. Because the CPI shows the average change in prices Compute Future Earnings. Labor organizations and corporations also use the CPI in collective Determine the Value of a Dollar. Rental contracts and insurance policies also Consumer price index is a way to measure the averages of prices of consumer goods and services. It is calculated by taking price changes of items or goods and averaging them. Consumer price index