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MacroRisk Factor - Consumer Price Index

The United States Consumer Price Index, or CPI, measures the price of a specified collection of "standard" household goods, like food and clothing. People will theoretically purchase the same amount of these goods over time; therefore, the CPI can be used to track the level of inflation. For example, if people spend $1,000 one year on a set of items, then $1,100 the next year on the same set of items, the inflation rate is 10%. These statistics are not seasonally adjusted.

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