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Focus on Economic Data: The Inflation Rate - November 18, 2003
Source: Council for Economic Education (EconEdLink) | Type: Lesson
The consumer price index (CPI) during the month of October 2003 did not change. The rate of increase in the consumer price index over the past twelve months has been 2.0 percent. In October, the core consumer price index, which excludes energy and food prices, increased by 0.2 percent.
Grades:
Concepts:
- Consumer Economics
- Consumer Price Index (CPI)
- Consumers
- Deflation
- Full Employment
- Inflation
- Monetary Policy
- Money
- Unemployment
Standards:
- Economics 10: Role of Economic Institutions
- Economics 11: Role of Money
- Economics 18: Macroeconomy-Income/Employment, Prices
- Economics 19: Unemployment and Inflation
- Economics 20: Monetary and Fiscal Policy
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