The Consumer Price Index (CPI) define as a measure that evaluates the weighted average of prices of consumer goods and services, such as transportation, food, and medicine. This is calculated by taking changes in price for each matter in the predetermined goods and averaging them. The alternatives in the CPI are preferred to assess price changes associated with the living cost; the CPI is one of the most commonly used statistics for identifying the time of inflation or deflation.
Steps to Create the Consumer Price Index (CPI)
Step1: Make tables with Rows and Columns
You must make tables with the rows and columns that help in writing your facts and figures. The facts and figures are mentioned in the CPI table.
Step 2: Insert Goods in the First Row
You must insert the goods in the first row of the table of the customer price index.
Step 3: Insert the Prices
Then add the prices and the cost of the goods on the rows of the CPI Table.
Step 4: Mention the Year
Then mention or add the year of the CPI at the last row of the table
Step 5: Calculate Total Cost
Then you must calculate the total cost at the CPI at the table so that you can easily make the total of the cost of the goods annually.
10+ Consumer Price Index Templates in DOC | PDF | XLS
1. Consumer Price Index Formula Template
CPI calculate the average change in prices over period that consumers paying for a total of goods and services, commonly known as inflation. Essentially it tries to quantify the aggregate price level in a market and thus measure the purchasing power of a nation’s unit of currency. The template of the consumer price index that are showcased here are magnificent, professional and therefore need to download it.
2. Quarterly Consumer Price Index Template
The Consumer Price Index calculate the minimum change in prices over the time period that consumers pay for a piece of goods and services. The CPI is widely as an economic indicator. It is the most widely used measure of inflation. Downloading this template of the quaterly consumer price index you will get professional looking designs.
3. Monthly Consumer Price Index Template
CPI include the professionals, self-employed, poverty stricken unemployed and retired people in the country. People not only includes in the non-metro or rural populations, farm families, armed forces, people serving in prison and those in mental hospitals also. Download this template of the monthly consumer price index and give yourself an different mind-blowing experience.
4. Consumer Price Index Template
There are types of CPIs that are marked each time. The CPI-W measures the Consumer Price Index for Urban wage earners and Clerical Workers. The CPI-U is the Consumer Price Index for Urban consumers. Download the templates of the consumer price index and simplify your work with it.
5. Consumer Price Index Numbers on Base
CPI is generally used as an economic factor. It is the most widely measure of inflation and, by proxy, of the effectiveness of the government’s economic policy. Download the free templates of the consumer price index for the new project and make your work simple.
6. Sample Consumer Price Index
The CPI makes the government, businesses, and citizens an idea about prices changes in the economy, and can act as a guide in order to make informed decisions about the economy. Download this wonderful template of the sample consumer price index that are given with the professional touch.
7. Consumer Price Index Example
CPI and the indicators that make it up can be made useful as a deflator for several economic factors, including retail sale hourly/weekly earnings and the value of a consumer’s dollar to find its power of purchasing. Latest collection of the templates of CPI that are there for free of cost.
8. Consumer Price Index Report Template
The CPI can be made to adjust people’s eligibility levels for certain type of government help including Social Security and it gives the cost-of-living wage adjustments to domestic workers. According to the BLS, the cost-of-living adjustments of more than millions of people on Social Security, as well as military and Federal Civil Services retirees are interlinked to the CPI. Download the templates for free.
9. Urban Consumers Price Index in PDF
The measurable features involved in the estimation of CPI is quite severe. Various categories and sub-categories have created for classifying consumption things and on the basis of consumer classification like urban or rural. Therefore get the professional touch by downloading the free templates in the system.
10. Consumer Price Index Sample
Inflation is calculated using the CPI. The percentage matters in this CPI over a period of time that gives the amount of inflation over a specific period, i.e. the increase in the amount of a representative total of goods consumed. Using the free templates for these purposes is a clever choice. Download it!
11. Consumer Price Index in XLS
Consumer Price Indices (CPI) calculate differences over a period of time at an obvious level of prices of goods and services that every individual acquires for the purpose of consumption. CPI is actually used as a macroeconomic factor of inflation, as a tool by governments and banks for inflation targeting and for looking after price stability, and as deflators in the national accounts. Download the free templates for the CPI to use it in a variable way.