CPI

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Across
  1. 1. A sustained rise in the general price level in an economy
  2. 7. A sustained fall in the general price level in an economy
  3. 8. The method used in CPI to reflect the importance of different goods and services
  4. 12. Income adjusted for changes in the price level
  5. 13. A statistical figure used to measure changes in economic data over time
  6. 14. An index number that measures the average change in prices of a basket of goods and services
  7. 15. The amount of money households need to maintain a certain standard of life
Down
  1. 2. Income received in money terms without adjusting for inflation
  2. 3. The percentage change in the price level over a period of time
  3. 4. Method used to collect information on household spending patterns for CPI
  4. 5. Figures showing the relative importance of different items in the CPI basket
  5. 6. Extremely rapid and out of control rise in the general price level
  6. 9. The quantity of goods and services that income can buy
  7. 10. The fixed set of goods and services used to calculate the CPI
  8. 11. The average of current prices across the entire range of goods and services