Consumer Price Index (CPI) Explained In 3 Minutes

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Ryan O'Connell, CFA explains the following topics related to the Consumer Price Index (CPI):

0:00 - What is Consumer Price Index (CPI)?
0:37 - Consumer Price Index (CPI) Formula
0:55 - Calculating the CPI Based on a Basket of Goods

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*Disclosure: This is not financial advice and should not be taken as such. The information contained in this video is an opinion. Some of the information could be wrong. This channel is owned and operated by Portfolio Constructs LLC
  1. Ryan O'Connell, CFA, FRM
  2. Consumer Price Index (CPI) Explained
  3. Consumer Price Index (CPI) Formula
  4. What is Consumer Price Index (CPI)
  5. consumer price index
  6. consumer price index 2022
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bls should create several consumer price baskets for different income levels. as a proportion of income, the poor spends more on food utilities and transport while spending less on education & savings.
the different baskets more accurately reflect inflation when determining impact of minimum wage hikes.

pepelepew