MRVL News. 1  Wire. Headline. 2  SA Breaking News. Broadcom, Qualcomm, and Nvidia led Q2 IC design market. 3  Yahoo. See what the IHS Markit Score report has to say about Marvell Technology Group Ltd. 4  SA Breaking News. Marvell SATA SSD controller tops 50M shipments. 5  PR Newswire.
Price indexes have several potential uses. For particularly broad indices, the index can be said to measure the economy's general price level or a cost of living. More narrow price indices can help producers with business plans and pricing.
The annual percentage change in a CPI is used to measure inflation. The CPI can be used to index the real value of wages, salaries, pensions, and price regulation. It is one of the most closely watched national economic statistics.