Example question calculating CPI and inflation
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Khan Academy
Example question calculating CPI and inflation
The Consumer Price Index (CPI) is a measure of the average change in prices of a typical basket of goods and services over time. It is used to gauge inflation and changes in the cost of living. The CPI might overstate changes in the cost of living because it doesn't always account for how people adjust their spending when prices change.
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A birthing centre in Hutt Valley is set to reopen after a 15 month closure - but for post-natal care instead. Te Whatu Ora will take over the mothballed Te Awakairangi Birthing Centre and next year open a first-of-its kind transitional care unit for sick babies. | Morning Report | Facebook
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