Enter the cost of the market basket in the current period and the cost at a base period to calculate the inflation of the CPI.

Consumer Price Index Formula

The following formula is used to calculate the inflation of CPI over time.

CPI = Ct / C0 * 100

  • Where CPI is the consumer price index
  • Ct is the cost of the market basket in the current period
  • C0 is the cost of the market basket in the base period

FAQ

What is consumer price index?

This is an index that measures the changes in prices of a selection of consumer goods over time.


consumer price index calculator
consumer price index formula