A ppt on Consumer Price Index

2. The Consumer Price Index
(CPI) measures monthly
changes in prices for a range of
consumer products. Changes in
the CPI record the rate of
inflation. The CPI can also be
used as a cost-of-living index.
Introduction

4. Consumer Price Indices
Industrial
Workers
Rural
Labourers Urban
Agricultural
Labourers

6.  CPI measures inflation.
 CPI to adjust prices.
 To improve benefit levels.

7. The inflation rate is the percentage
change in the price level from one year to
the next.
The inflation formula is:
Inflation rate = [(CPI this year – CPI last
year)/CPI last year]  100.

8. The Reserve Bank of India (RBI) has started
using CPI-combined as the sole inflation
measure for the purpose of monetary policy.
As per the agreement on Monetary Policy
Framework between the Government and the
RBI dated February 20, 2015 the sole of
objective of RBI is price stability and a target
is set for inflation as measured by the
Consumer Price Index-Combined

10. Country Last Previous Highest Lowest
Australia 111.40 Sep/17 111 111 4.2 Index Points Quarterly
Brazil 4860.83 Sep/17 4853 4861 0 Index Points Monthly
Canada 130.80 Sep/17 130 131 12.1 Index Points Monthly
China 101.60 Sep/17 102 128 97.8 Index Points Monthly
Euro Area 102.15 Sep/17 102 102 70.52 Index Points Monthly
France 101.33 Sep/17 101 101 66.4 Index Points Monthly
Germany 109.60 Sep/17 110 110 20.5 Index Points Monthly
India 135.20 Sep/17 135 135 86.81 Index Points Monthly
Indonesia 130.09 Oct/17 130 130 18.86 Index Points Monthly
Italy 101.00 Oct/17 101 102 3.6 Index Points Monthly
Japan 100.50 Sep/17 100 101 17.4 Index Points Monthly
Mexico 127.91 Sep/17 128 128 0.01 Index Points Monthly
Netherlands 102.03 Sep/17 102 102 15.33 Index Points Monthly
Russia 547.10 Sep/17 548 551 0.1 Index Points Monthly
South Korea 103.40 Oct/17 104 104 2.63 Index Points Monthly
Spain 101.74 Sep/17 102 103 1.83 Index Points Monthly
Switzerland 100.87 Sep/17 101 101 20.6 Index Points Monthly
Turkey 313.88 Sep/17 312 314 94.77 Index Points Monthly
United
Kingdom
104.10 Sep/17 104 104 48.4 Index Points Monthly
United
States
246.37 Sep/17 245 246 23.51 Index Points Monthly