Fashion isn’t just about the clothes that you wear and how a person appears. There are more economical traits that are below the surface. Consumer price index is used in all parts of the economy and is used when it comes to the retail industry. CPI or consumer price index is a variety of prices that consumers pay on retail items and other goods. The CPI can adjust retail sale prices. The CPI can be a deflator on the quality of a consumer’s dollar. As the prices would increase, then the power of dollars that consumers purchase with declines. The CPI also helps to make economic decisions.
"How Is the Consumer Price Index (CPI) Used?" U.S. Bureau of Labor Statistics. U.S. Bureau of Labor Statistics, n.d. Web. 09 May 2013.
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