What is the Consumer Price Index (CPI) and what does it measure?
Has the CPI been trending upward or downward over the past six months?
As you scroll down through the summary, you will see a paragraph about the price changes with Food, Energy and All items less food and energy.
What did you learn about the food index?
What did you learn about the energy index?
What did you learn about the index for all items less food and energy?
Next, please read the Consumer Price Index for All Urban Consumers (Links to an external site.) to learn about additional detail behind the Consumer Price Index.
What are some of the items that have experienced price increases?
What are some of the items that have experienced price decreases?
Based on your knowledge of the prices of goods and services, does the CPI data make sense to you?
What examples of price increases or price decreases have you recently witnessed?
Does the CPI data reflect the same trends?
Did anything in the CPI data surprise you?
Submit your thoughts for each of the bulleted items.
https://www.bls.gov/news.release/cpi.t02.htm
https://www.bls.gov/news.release/cpi.nr0.htm
