You don't need an economics degree to notice inflation. You feel it at the checkout line when your usual grocery run costs noticeably more than it did a year ago. You feel it at the gas station, at ...
The Consumer Price Index “is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services,” according to the Bureau of Labor ...
I asked the artificial intelligence platform ChatGPT to explain CPI to me like I am 12. I also ask it how understanding the report could save me money.