Consumer Price Index for all Urban Consumers (CPI-U)

Consumer Price Index for all Urban Consumers (CPI-U),

Definition of Consumer Price Index for all Urban Consumers (CPI-U):

  1. An economic metric that measures prices for a basket of goods and services sold to urban customers. The index is considered a more accurate record of prices due to higher population density within the sales area.

  2. The consumer price index is the most frequently used statistic for identifying inflation or deflation. The Consumer Price Index For All Urban Consumers only considers the prices paid for goods and services by those that live in urban areas. Rising CPI-U figures means that the prices of goods/services within the urban population are becoming more expensive, and this may be a sign of rising inflation.

  3. The Consumer Price Index For All Urban Consumers (CPI-U) measures the changes in the price of a basket of goods and services purchased by urban consumers. The urban consumer population is deemed by many as a better representative measure of the general public because most of the country's population lives in highly populated areas, which represent close to 90 percent of the total population.

How to use Consumer Price Index for all Urban Consumers (CPI-U) in a sentence?

  1. The all-urban consumer population consists of all urban households in Metropolitan Statistical Areas (MSAs) and urban places of 2,500 inhabitants or more.
  2. The Consumer Price Index For All Urban Consumers (CPI-U) measures the changes in the price of a basket of goods and services purchased by urban consumers.
  3. CPI-U is used to measure inflation and operates as an indicator of the effectiveness of government fiscal and monetary policy.

Meaning of Consumer Price Index for all Urban Consumers (CPI-U) & Consumer Price Index for all Urban Consumers (CPI-U) Definition