What is CPI - PPI - PCE ? What is CPI in economics

What is CPI in economics?

00:49 What is CPI:
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.

03:25 What is PCE:
Personal consumption expenditures (PCE) is a measure of consumer spending and includes all goods and services bought by U.S. households.

04:26 What is PPI:
The Producer Price Index (PPI) program measures the average change over time in the selling prices received by domestic producers for their output.

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