Economics A-Level
CPI
What CPI means in Economics A-Level, as defined for AQA.
Definition of CPI
Check what you remember
Read the wording for your board, then hide it and explain CPI in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
The official inflation measure, which excludes housing costs such as mortgage interest payments.
Topics that use CPI
- Uses of index numbers (AQA A-Level)
Related terms
- Base year
- Deflation
- Weighted index
- Weights
- Average family
- Basket of goods and services
- Index number
- Simple index
Using CPI in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Economics questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Economics A-Level termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge