Kenneth Louie, associate professor of economics at ... of change" in the CPI is a measure of how much, on average, the prices of goods and services are rising. For example, the most recent report ...

Inflation in the US, as measured by the change in the Consumer Price Index (CPI), rose 2.9% on a yearly basis in December from 2.7% in November, the US Bureau of Labor Statistics (BLS) reported on ...