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How to understand CPI? And its relationship with agricultural futures?
CPI is the consumer price index, which covers many items. Agricultural products are only one kind of wine or food source materials, and they are lagging behind. It has a certain calculation formula. But it is often an important indicator for a country to judge inflation. Agricultural futures itself is the future price, which has a certain impact on CPI but is relatively small. Similarly, economic indicators also have a certain impact on futures, but it is also very small.