02 July 2013
The Consumer Price Index (CPI) is an inflationary indicator that measures the weighted average of prices of a basket of consumer goods and services, purchased by a consumer.
Consumer price indices (CPI) are presented in two possible base years: 2000 and 2005 and, in addition, are measured in annual growth rate.
The changes in CPI are normally used to assess price changes associated with the cost of living.
They cover the period 1980-2012 for more than 170 economies and are updated twice a year.
