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  • Economic Calendar Terms

    CPI y/y

    National Bank of Belgium
    boulevard de Berlaimont 14
    BE-1000 Brussels
    Belgium
    VAT BE 0203.201.340
    RLP Brussels
    32–2–221–21–11

    Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys.The consumer price index (CPI) is a measure of change over a specified period of time in the general level of prices of goods and services that a given population acquires, uses or pays for consumption. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period.