The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers. The Bureau of Labor Statistics (BLS) calculates the CPI as a weighted average of prices for a basket of ...

The consumer price index is a weighted average collection ... As of October 2021, the CPI was 276.589, meaning goods and services had gone up in price by an average of about 176.589% since 1984.

For example, the consumer price index (CPI), a common measure of inflation, measures the price change over time for a basket of goods and services. A basket of goods represents consumer spending ...