consumer price index

noun
an index of the changes in the cost of goods and services to a typical consumer, based on the costs of the same goods and services at a base period. Abbreviation: CPI


Origin:
1945–50

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To consumer price index
American Heritage
Cultural Dictionary

consumer price index definition


An index published by the government each month of prices for a representative sample of goods and services. The consumer price index was formerly known as the cost-of-living index.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Example sentences
It takes more than some sort of consumer price index and unemployment figures
  to determine that.
Finally, the economy confronts as increase in the consumer price index.
We've adjusted all figures for inflation, using the consumer price index.
The inflation controversy swirls around the consumer price index, the
  government's main gauge of inflation.
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature
FAVORITES
RECENT

;