What Does Consumer Price Index Mean?
What does Consumer Price Index mean? Read on to discover the definition & meaning of the term Consumer Price Index - to help you better understand the language used in insurance policies.
Consumer Price Index
The consumer price index (CPI) is a tool that is used to calculate inflation in a given area. Insurable assets, such as healthcare, housing, and transportation are factored into CPI calculations
We hope the you have a better understanding of the meaning of Consumer Price Index.
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