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Understanding the Chained Consumer Price Index

19,226 views

USDepartmentofLabor

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

96%
  • 5:05 / 5:16

Speech Rate:

  • 165 wpm - Fast

Category:

  • News & Politics

Tags :

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

relatively

/ˈrelədivlē/

relatively
adverb

comparison, or proportion to something else.

versions

/ˈvərZHən/

versions
noun other verb

particular form of something. Updated forms of some software. create new version of.

services

/ˈsərvəs/

services
noun other verb

action of helping or doing work for someone. Maintenance of machineries so it runs well, e.g. cars. perform routine maintenance or repair work on.

official

/əˈfiSHəl/

official
adjective noun

relating to authority or public body. A person authorized to perform a specific duty.

produced
produced
verb

To make something appear.

objective

/əbˈjektiv/

objective
adjective noun

not influenced by personal feelings. Something you decide you want to do; goal.

familiar

/fəˈmilyər/

familiar
adjective noun

well known. demon supposedly obeying witch.

publishes

/ˈpəbliSH/

publishes
verb

To release information to the general public.

purchased

/ˈpərCHəs/

purchased
verb

To buy something; to get by paying money for it.

measures

/ˈmeZHər/

measures
noun other verb

plan or course of action. Tools used to calculate the size of some things. determine size or amount.

differs

/ˈdifər/

differs
verb

To be different; to be not like others.

weights

/wāt/

weights
noun other verb

body's relative mass or quantity of matter contained by it, giving rise to downward force. Heavy metal objects that are lifted for exercise. hold something down by placing heavy object on top of it.

inflation

/inˈflāSH(ə)n/

inflation
noun

Continual rise in the prices of products.

already

/ˌôlˈredē/

already
adverb

before or by now or time in question.

consumer

/kənˈso͞omər/

consumer
noun

person who purchases goods and services.

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