Hits: 22

MOTIVATIONAL BOOKS — A GIFT THAT KEEP ON GIVING ALL YEAR

The all items index increased 7.1 percent for the 12 months ending November; this was the smallest 12-month increase since the period ending December 2021. The all items less food and energy index rose 6.0 percent over the last 12 months.

The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid

by urban consumers for a market basket of consumer goods and services. Indexes are available for

the U.S. and various geographic areas.

Is CPI same as inflation?CPI tracks the rate of change in U.S. inflation over time. This key economic

metric is based on prices that consumers pay for goods and services throughout the U.S. economy. The

percentage change in CPI over a period of time is referred to as the inflation rate.

Is it good to have cash during inflation?
Cash is often overlooked as an inflation hedge, says Arnott. “While cash isn’t a growth asset,

it will usually keep up with inflation in nominal terms if inflation is accompanied by rising
short-term interest rates.