The Consumer Price Index “is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services,” according to the Bureau of ...

The most common measure of U.S. inflation is the Department of Labor's Consumer Price Index (CPI), which uses a representative basket of goods and services to determine trends in prices over time.

StatsSA has added 71 new products to the basket of goods and services used to measure consumer inflation. Nodar Chernishev / ...

The products in the basket are updated periodically to better reflect shifts and trends in consumer spending. Product weights ...