1.0WazirX Guidehttps://wazirx.com/guideharshitahttps://wazirx.com/guide/author/harshita/rich600338<blockquote class="wp-embedded-content" data-secret="VdnOMOZU5G"><a href="https://wazirx.com/guide/glossary/consumer-price-index-cpi/">Consumer Price Index (CPI)</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://wazirx.com/guide/glossary/consumer-price-index-cpi/embed/#?secret=VdnOMOZU5G" width="600" height="338" title="“Consumer Price Index (CPI)” — WazirX Guide" data-secret="VdnOMOZU5G" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://wazirx.com/guide/wp-includes/js/wp-embed.min.js </script> A strong baseline for gauging economic growth is the consumer price index. It is specifically designed to track the effects of inflation and deflation. This is helpful for various reasons, including helping governments understand their monetary policy choices and determine how much money should be sent to individuals on subsidized incomes.