Question

What does CPI stand for and what is it used to measure?​

Answer 1

consumer price index

Step-by-step explanation:

used primarily to measure the rate at which the average prices of goods and services change over time

Answer 2

The Consumer Price Index (CPI) is a measure of the average change overtime in the prices paid by urban consumers for a market basket of consumer goods and services.

Step-by-step explanation:

The Consumer Price Index (CPI) is a measure of the average change overtime in the prices paid by urban consumers for a market basket of consumer goods and services.