Teaching PowerPoints

2.1.2 Calculating a Consumer Price Index (Edexcel A-Level Economics Teaching PowerPoint)

Level:
A-Level
Board:
Edexcel

Last updated 12 Sept 2023

This teaching powerpoint covers calculating a Consumer Price Index.

A Consumer Price Index (CPI) is a common way of measuring inflation. It measures the average change in the prices that consumers pay for goods and services in a particular region over time. The CPI is a statistical estimate that is calculated by collecting data on the prices of a large "basket" of goods and services that represent the typical purchases of a consumer. Then, this "basket" of goods is given a weight based on how important it is in the overall economy. The weights are updated every few years to reflect changes in consumer behavior.

Download this PowerPoint

Daily Email Updates

Subscribe to our daily digest and get the day’s content delivered fresh to your inbox every morning at 7am.

Signup for emails

© 2002-2025 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.