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Karly Spencer
1 October, 07:15
What is the purpose of the CPI?
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Ruth Pugh
1 October, 07:30
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The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.
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