The CPI for this year is calculated by dividing thevalue of all goods and services produced in the economy this year using this year's prices by thevalue of all goods and services produced in the economy this year using the base year's prices and multiplying by 100. However, the GDP deflator reflects only the prices of all goods and servicesbought by consumers.
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Home » Business » The CPI for this year is calculated by dividing thevalue of all goods and services produced in the economy this year using this year's prices by thevalue of all goods and services produced in the economy this year using the base year's prices and