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. : CPI

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.

First recorded in 1945–50

Gathering information about local goods for sale in order to develop a targeted Consumer Price Index (CPI).

Index Social Security benefits to the so-called "chained" consumer price index.

Over the past 12 months, the consumer price index (CPI) has risen a scant 1.4 percent.

The first is “headline” CPI, which is the entire consumer price index—i.e., all goods and services including food and energy.

The Bureau of Labor Statistics reported Wednesday that the consumer price index was unchanged in July.

April 24, 2024gallimaufry

[gal-uh-maw-free ]

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