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The Consumer Price Index (CPI) is a crucial economic indicator that helps analysts, policymakers, and individuals gauge the average change in prices over time. As a measure designed to monitor the costs of a fixed basket of goods and services, CPI is used to track economic trends, guide monetary policies, and make informed decisions. Each…
A recession is a notable decline in economic activity, often lasting for months or even years, and has wide-ranging consequences for both businesses and individuals. These economic downturns can be triggered by various factors, including excessive debt levels, market corrections, or external events, like global financial crises. As the economy goes through a recession, negative…
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