# Consumer Price Index (CPI)

*Macro & Economy — Finicade finance glossary*

The most-watched inflation gauge: the price of a fixed basket of everyday goods and services, tracked over time. Its yearly change is the inflation number in the headlines and the one central banks target.

**Also known as:** consumer price index, cpi vs gdp deflator

**Related terms:** [Inflation](https://finicade.com/glossary/inflation), [Monetary Policy](https://finicade.com/glossary/monetary-policy), [Central Bank](https://finicade.com/glossary/central-bank)

**Taught in:** Macro & Markets — Inflation: The Price of Everything

Source: https://finicade.com/glossary/cpi