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Measuring cost of living --inflation and the consumer price index

3 videos
We might generally sense that our cost of living is going up (inflation), but how can we measure it? This tutorial shows how it is done in the United States with the consumer price index (CPI).

Introduction to inflation

VIDEO 7:32 minutes
Basics of price inflation and the CPI (consumer price index)

Actual CPI-U basket of goods

VIDEO 7:28 minutes
Exploring the actual weightings for the CPI-U basket of goods

Inflation data

VIDEO 3:30 minutes
Looking at actual sequential and year-over-year inflation data