What Is Consumer Price Index (CPI)? | Show Me | NBC News

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Every month the government issues its measure of consumer inflation (aka "Consumer Price Index" or simply CPI) and every month Americans scratch their heads in puzzlement.

For a better understanding of this important, but complicated, economic indicator, watch this animation, reported with CNBC's Allison Linn.

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What Is Consumer Price Index (CPI)? | Show Me | NBC News
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I watched the whole thing I still haven't gotten any further with find the answer to what the cpi is.. what a waste of time.

akinwilson
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Consumer Price Index (CPI) : - Is a measure of changes, over time, in retail prices of a constant basket of goods and services representative of consumption expenditure by resident households in metropolitan areas.

russeljohnson
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Wow !!! You did the exact opposite of the Title?

jgbenadeaf
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Next time answer the question you put in the title please

ojmt
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after i finish the video: wait but you didnt answer my question

MarkQub
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Well... U still didn't explain what is CPI 😑😑

TheSilentjyo
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proceeds to not explain what Chained CPI is

gooseharbinger
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Too many examples, and too less explanaton.

giorgichkhatarashvili
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What a waste of time. Oh.., it's NBC News

allent.g
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What does the price of surf boards have to do with the price of golf carts?

vrone
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in no way did you explain WHAT cpi is...

jdswenson
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Delete this video and redo it if you really care to explain CPI.

Sarki
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Its simple... if you want to buy one thing and thats too expensive, you'll go to buy the next best thing... its not that hard people...

totallysyrus
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Does it only occur to me that this man speaks English with his throat squeezed, with so much emphasis on words among sentences and so exaggerated stress on letters among words? As if one is tuning the "contrast" way too high. Instead of some "high" and "jumpy" and really really unnecessary exciting mood, a more peaceful way would be much better, as this is CPI number, not your bank account balance. No need to get too much nerve on it. WaHaha!

鹿大
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Stop saying this vid didn't show the answer... it is in the description! How lazy!

depayss