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3.4.2 Measuring inflation with CPI
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What the CPI measures

What the CPI measures

The Consumer Price Index, or CPI, is the official measure of inflation. It tracks the changing cost of a fixed basket of goods and services that households typically buy.

3.4.2 Measuring inflation with CPI Lesson

  1. GCSE
  2. /Economics
  3. /3.4.2 Measuring inflation with CPI

Step-by-step lessons on OCR GCSE Economics 3.4.2 Measuring inflation with CPI. Each one builds up to exam-style questions. Build a solid grasp of supply and demand and cost/revenue calculations before tackling the evaluation-heavy policy topics.

Lessons