Consumer Price Index (CPI)

Consumer Price Index (CPI)

What is the CPI?

The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a fixed market basket of consumer goods and services from A to Z. The CPI provides a way for consumers to compare what the market basket of goods and services costs this month with what the same market basket cost a month or a year ago.

What is Connecticut’s CPI?
Actually, Connecticut does not have a CPI. There are, however, two other figures that Connecticut businesses use:

*these figures are computed on a bi-monthly basis
**these figures are computed on a monthly basis

What is the U.S. City Average?

I need more information on the CPI…
For more information on the Consumer Price Index (CPI), we suggest that you visit the Bureau of Labor Statistics Web site at http://www.bls.gov.