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Consumer Price Index: A tool used by the government to measure the rate of inflation. CPI figures, reported monthly by the Bureau of Labor Statistics of the U.S. Department of Labor, compare the net change in prices between the current period and a specified base period. Reporters should use this data to accurately reflect the actual costs of goods and services. News Reporting & Writing (Eighth Edition) by the Missouri Group. Copyright 2005. Reproduced by permission of Bedford/St. Martins.

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