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Inflation Explained: How the CPI Measures the Rising Cost of Living
4:46
YouTubeMacro Economics with Michael.
Inflation Explained: How the CPI Measures the Rising Cost of Living
Inflation is the quiet force that affects everything you buy—from groceries and rent to loans and interest rates. In this video, we break down what inflation really means and how it’s measured using the Consumer Price Index (CPI). You’ll learn how economists build a “shopping basket” based on real household spending, how price changes ...
1 day ago
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The latest available CPI data shows the beef and veal category is up 14.7% while overall food is up 3.1%. And expenses for America’s farmers are soaring too. Input costs for ranchers are up more than 50% over the past five years, according to the American Farm Bureau Federation. Find the full report: cnb.cx/3MU575O | CNBC
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