What Is a KPI

question 15

Short Answer

What is a KPI?

---

Definitions:

Price Index

A price index is a statistical measure that examines the weighted average of prices of a basket of consumer goods and services, tracking their changes over time.

Current Year Dollars

A measure that accounts for the value of money, income, or financial figures without adjusting for inflation or deflation, reflecting present-day values.

Income

The financial gain received by an individual or entity, typically through work, investments, or business operations.

Consumer Price Index

A measure of the average change in prices over time that consumers pay for a basket of goods and services.