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Consumer Price Index (CPI) A Consumer Price Index measures | Daily Current Affairs & GS

Consumer Price Index (CPI)

A Consumer Price Index measures changes in the price level of a weighted average market basket of consumer goods and services purchased by households.

A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically.

This report is published by NSO (National Statistics Organization/Office).

According to CPI report of 2021:-
January:- 4.06%
Febuary:- 5.03%
March:- 5.52%
April:- 5.14%
May:- 6.03%
June:- 6.26%
July:- 5.59%