Consumer Price Index - CPI - what does it mean?
As we go in to this next stage of the economic cycle, I thought it useful to learn about the basic factors that give us an insight into what is happening out there, beyond the headlines. I am by no means a financial expert, however I do understand that an economic cycle is normal, and was outlined back in the 1860's by Clement Juglar.
Let's look at a factor that causes big headlines - the CPI Index.
4 regions are also broken out each month:
Northeast
Midwest
South
West
Plus metro areas:
Chicago-Naperville-Elgin, IL-IN-WI
Los Angeles-Long Beach-Anaheim, CA
New York-Newark-Jersey City, NY-NJ-PA
Check the full article on Investopedia here
Reviewed by PETER WESTFALL
Fact checked by PETE RATHBURN
The numbers are distributed by Bureau of Labor Statistics (BLS) each month here
This bureau is responsible for CPI and PPI (Producer Price Index)
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