Social Sciences and History / Unit 14 SSH 1324 short lesson, about 20 seconds
CPI, Core, Deflator, PPI
Captions available
The idea
The Consumer Price Index rests on a basket of the typical consumer's purchases; core inflation strips out volatile food and energy. The GDP deflator covers all GDP components; the Producer Price Index, producers' supplies and inputs; the Employment Cost Index, wages.
In practice
Two to four percent yearly, the anchor's dated range.
Where people slip
Highest after the world wars and in the seventies.
Your place on the trail
Every lesson rests on earlier ones and opens later ones. Tap any to jump.
Builds on
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