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What is CPI

Managing Inflation and Supply Chain Disruptions in the Global Economy
A measure of the price level of the country called the consumer price index, changes in CPI are used to measure the rate of inflation.
Published in Chapter:
Will BRENT Reach the $300 Mark?
Ulas Akkucuk (Usak University, Turkey)
DOI: 10.4018/978-1-6684-5876-1.ch016
Abstract
Petrol crises have crippled the economies of the developed nations may times in modern history. Still, fossil fuels are an important source of transportation, and price changes deeply affect the social and economic wellbeing of the citizens. While research on alternative fuels is on the rise and there are many incentives, the reliance on fossil fuels is not diminished. Lately, as a result of the conflict in Ukraine, petrol prices went up again. This chapter will shed light on the past crises and will try to examine how much further petrol prices can go. Also, the relationship between energy prices and subjective wellbeing will be illustrated with examples from the literature. The chapter will also offer some suggestions for a sustainable green world.
Full Text Chapter Download: US $37.50 Add to Cart
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The Implementation of the Agenda 2030 on Sustainable Development: Focus on the Republic of Serbia
The Consumer Price Index is an indicator of the average price change of all products and services used by households for consumption purposes.
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Global Economic Consequences of Russian Invasion of Ukraine
Composite price index is a statistical tool that aggregates different equities, securities, or indexes in order to create a representation of overall market or sector performance.
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