What is CPI (Consumer Price Index) | Simple Explained

In this video, we're going to explain what CPI (consumer price index) is.
We're going to cover what CPI is, how to calculate it, what it is used for
and the two different CPI numbers (CPI-W and CPI-U).

If you're looking for a short and easy explain video of "what is CPI (consumer price index), then this video is made for you.

Time Stamps:
00:00 - Consumer price index
00:08 - What is consumer price index
00:22 - How to calculate CPI
00:39 - The two different CPI numbers
01:03 - What is the CPI used for

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My goal with this channel is to help people improve them self, both financially and mentally.

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