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The consumer price index (CPI) expresses the change in the prices of consumer goods and services. In order to calculate the consumer price index, it is first necessary to identify what an average private consumer regularly buys. The expenditures are then categorised according to the Classification of Individual Consumption According to Purpose, and shares in the total index, called index weights, are calculated. For the calculation of the index, it is also necessary to choose the goods and services for which price changes will be monitored. These are called representative goods. Then, it is

Insurance provides protection against the unexpected and helps avoid greater financial loss. The purpose of insurance companies is to provide customers with financial support in the event of accidents, thefts and other unexpected incidents. Insurance companies offer life and non-life insurance. Life insurance is obtained in order to provide financial support for oneself and loved ones in case of terminal illness, loss of capacity for work, accident or death. Life insurance can also be bought to collect money. Non-life insurance is obtained to mitigate financial damage. The most common types of