The CPI is an economic reading highly related to inflation and deflation, and is published by government economists in the Bureau of Labor Statistics (BLS) of the US Department of Labor.
When the CPI readings increase dynamically, it is an indicator that inflation may decrease, and on the other hand if the CPI readings decrease dynamically, it can be an indicator of deflation. This is a more likely situation, especially if the rise or fall in the value of the IPC takes place in a short period of time.
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