CPI stands for Consumer Price Index. It is a measure of inflation that tracks the changes in the prices of a basket of goods and services that are typically purchased by households. The CPI is calculated by collecting price data for various goods and services, such as food, housing, transportation, medical care, and entertainment, and then calculating the percentage change in the average price of these items over time.
The CPI is an important economic indicator as it helps to assess changes in the cost of living for consumers. Governments, businesses, and individuals use CPI data to adjust wages, contracts, and prices to maintain purchasing power and to make informed economic decisions. The CPI is also used by policymakers to formulate monetary and fiscal policies, such as setting interest rates and adjusting tax rates, to manage inflation and promote economic growth.
CPI ni kifupi cha Kiashiria cha Bei ya Watumiaji. Kiwango cha mfumuko wa bei ni kipimo cha bei ya bidhaa na huduma ambazo kawaida zinunuliwa na kaya. CPI ni takwimu ya bei ya bidhaa na huduma kama vile chakula, nyumba, usafiri, huduma za matibabu na burudani, na kisha kuhesabu asilimia ya mabadiliko katika bei ya wastani ya bidhaa hizi kwa muda. CPI ni kiashiria muhimu cha kiuchumi kwa sababu husaidia kutathmini mabadiliko katika gharama za maisha kwa watumiaji. Serikali, biashara na watu binafsi hutumia data ya CPI kurekebisha mishahara, mikataba, na bei ili kudumisha nguvu ya ununuzi na kufanya maamuzi ya kiuchumi yenye habari. CPI pia hutumiwa na watunga sera kutunga sera za fedha na fedha, kama vile kuweka viwango vya riba na kurekebisha viwango vya kodi, kusimamia mfumuko wa bei na kukuza ukuaji wa kiuchumi.