CPI Consumer Price Index
CPI
That is, consumers.
price
The index (Consumer Price Index), abbreviated as CPI, is a price change indicator that reflects the price of products and services related to residents' lives. It is usually used as an important indicator to observe the level of inflation.
If
Consumer
The rising price index indicates that inflation has become a factor of economic instability. The central bank will have the risk of tightening monetary policy and fiscal policy, resulting in uncertain economic prospects.
Therefore, the excessive increase in the index is often not welcomed by the market.
Generally speaking, when the increase of CPI>3% is called INFLATION, it is inflation, and when CPI>5% increases, it is severe inflation.
Please note: if you eat pork prices rose by 100%, but the national CPI rose by only 5%, don't be surprised to say that the price of other commodities, including bulk trade goods, is relatively small.
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