1 Inflation—the rise in the price of goods and services—reduces the purchasing power of each unit of currency. Rising inflation can be harmful: input prices are. The U.S. import and export price indexes (MXP) measure the change in prices of goods and services purchased from abroad by U.S. consumers and businesses. The PPI is a measure of wholesale inflation, while the Consumer Price Index measures the prices paid by consumers. The index is published monthly by the Bureau.
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How to Calculate the Consumer Price Index (CPI) and Inflation Rate
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