Beyond the Numbers

EMPLOYMENT & UNEMPLOYMENT   •  Sep 2014  •  Volume 3 / Number 21

Two measures of consumer price change: How are they different?

Two measures of consumer price change: How are they different?

The primary product of the Consumer Price Index (CPI) is price indexes, however, the program also produces average price data for selected goods, primarily food commodities and gasoline. These average price series allow users to see the actual average price of the items in question, which the index series do not.

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