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Possible Answers:
CPI.
Last seen on: Canadiana Crossword – Dec 17 2018
Random information on the term “CPI”:
This page lists details of the consumer price index by country
The CPI is calculated and posted monthly by the National Institute of Statistics and Census of Argentina.[1]
The CPI is calculated and posted quarterly by the Australian Bureau of Statistics.[2] Historical figures are available at the Reserve Bank of Australia website.[3]
In Belgium, wages, pensions, house rent, insurance premiums, unemployment benefits, health insurance payments, etc. are by law tied to a consumer price index.
Canada’s CPI is published by Statistics Canada. The index is calculated and published monthly. It is used to escalate a given dollar value, over time, to preserve the purchasing power of that value. Thus, the CPI is widely used to adjust contracted payments, such as wages, rents, leases and child or spousal support allowances. Private and public pension programs (Old Age Security and the Canada Pension Plan), personal income tax deductions, and some government social payments are also escalated using the CPI. It is also used to set and monitor the implementation of economic policy. The Bank of Canada, for example, uses the CPI, and special aggregates of the CPI, to monitor its monetary policies.