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Focus on Economic Data: Consumer Price Index and Inflation, July 2012
Source: Council for Economic Education (EconEdLink) | Type: Lesson

This lesson focuses on the Consumer Price Index (CPI) and rate of inflation in the U.S. for the month of July, 2012, reported on August 15, 2012, by the U.S. Bureau of Labor Statistics. Students read the BLS report, analyze the meaning of the CPI data, determine the change in consumer prices, and explore the impact of the change in the price level on themselves, their families, consumers, and producers.

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