Economy, asked by Anonymous, 10 months ago

How to construct a CPI?

Answers

Answered by muniabhi76gmailcom

1

To calculate CPI, or Consumer Price Index, add together a sampling of product prices from a previous year. Then, add together the current prices of the same products. Divide the total of current prices by the old prices, then multiply the result by 100. Finally, to find the percent change in CPI, subtract 100.

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