Consumer Index
Equation and meaning
\[CPI = ( ( ( ( ( Cost_of_basket_at_current_prices ) ) / ( ( Cost_of_basket_at_base_period_prices ) ) ) ) ) \cdot 100\]
Use this equation when the shown variables describe your problem. Keep all inputs in compatible units; the calculator converts them to SI internally before solving.
Variables in this formula
Cost_of_basket_at_base_period_prices — Cost Of Basket At Base Period PricesEnter this value unless it is the selected unknown.
Cost_of_basket_at_current_prices — Cost Of Basket At Current PricesEnter this value unless it is the selected unknown.
CPI — CpiEnter this value unless it is the selected unknown.