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FRED Interactive: FREDcasting Consumer Price Index

Changes in the consumer price index (CPI) represent increases or decreases in the cost of living and are an indicator of overall economic conditions. In this interactive lesson, students learn to visualize the growth rate of the CPI and use a FRED graph to play the FREDcast forecasting game.

Related: Inflation - The Economic Lowdown Podcast Series, Episode 4, an audio recording using clear, simple language to describe economic concepts.

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Audience:   High School, College
Language:   English
Subjects:   Economics, Data Literacy
Resource Types:   Data, Charts/Graphs, Online Course/Module
Concepts:   Inflation/Deflation, Business Cycle