What Is CPI? – How It Affects The Price Of Crypto And Stocks (www.nigeriabitcoincommunity.com)

What Is CPI? – How It Affects The Price Of Crypto And Stocks

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Let’s see how it affects Stocks next.

It tracks how the prices of goods and services are changing.

The CPI is calculated by comparing how much a basket of goods and services costs today to how much it cost in the past.

Also, it reveals the overall cost of living and the purchasing power of a currency.

If the cost of the basket goes up, it means that the cost of living is going up.

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