June Cpi Date

Consumer Price Index: A Global Perspective

Introduction

The Consumer Price Index (CPI) is a measure of inflation, which is the rate at which prices for goods and services increase over time. It is a key economic indicator that is used by governments, businesses, and consumers to make informed decisions.

The Bureau of Labor Statistics (BLS)

In the United States, the CPI is published monthly by the Bureau of Labor Statistics (BLS). The BLS collects data on prices for a wide range of goods and services, including food, housing, transportation, and medical care. The CPI is calculated by comparing the prices of these goods and services to their prices in a base year.

The National Statistical Office (NSO)

In India, the CPI is published monthly by the National Statistical Office (NSO). The NSO collects data on prices for a wide range of goods and services, including food, housing, transportation, and medical care. The CPI is calculated by comparing the prices of these goods and services to their prices in a base year.

The Central Statistics Office (CSO)

In the United Kingdom, the CPI is published monthly by the Central Statistics Office (CSO). The CSO collects data on prices for a wide range of goods and services, including food, housing, transportation, and medical care. The CPI is calculated by comparing the prices of these goods and services to their prices in a base year.

Conclusion

The CPI is a valuable tool for understanding inflation. It is used by governments, businesses, and consumers to make informed decisions. The CPI is published monthly by statistical agencies around the world.