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A Primer on the Consumer Price Index

Denis S. Karnosky

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Abstract

The CPI affects labor contracts covering over 5 million workers and Social Security benefits for almost 29 million people. There is increasing talk of indexing all contracts to some measure of general prices, and the consumer price index presumably would play a role.

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The CPI affects labor contracts covering over 5 million workers and Social Security benefits for almost 29 million people. There is increasing talk of indexing all contracts to some measure of general prices, and the consumer price index presumably would play a role.

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The CPI affects labor contracts covering over 5 million workers and Social Security benefits for almost 29 million people. There is increasing talk of indexing all contracts to some measure of general prices, and the consumer price index presumably would play a role.

Key concepts: Primer (cosmetics), Index (typography), Economics, Consumer price index (South Africa), Monetary economics, Internal medicine, Chemistry, Medicine

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