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What is the difference between CPI, PPI and PCE?

DNA Friday, 19 April 2024
Inflation is an economic term that describes the general increase in prices and fall in the purchasing value of money over time.
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Consumer price index Consumer price index Statistic to indicate the change in typical household expenditure

UK inflation jumps to 2.3% in October [Video]

UK inflation jumps to 2.3% in October

UK inflation has risen to its highest level since April driven by an increase in household energy bills, according to official figures. The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation rose to 2.3% for October, up from 1.7% in the previous month. Shadow Chief Secretary to the Treasury Darren Jones said there was β€œmore to do” to ease cost-of-living pressure. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:45Published

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What is the Difference Between CPI, PPI, and PCE?

Understanding inflation and the overall price level of goods and services within an economy is critical in economics. Economists and policymakers use various...
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