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consumer price index

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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. 2009.
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consumer price index  
n.   Abbr. CPI
An index of prices used to measure the change in the cost of basic goods and services in comparison with a fixed base period. Also called cost-of-living index.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Cultural Dictionary

consumer price index

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.
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Financial Dictionary

Consumer Price Index - CPI

A measure of price changes in consumer goods and services such as gasoline, food and automobiles. Sometimes referred to as "headline inflation".

Investopedia Commentary

CPI is one of the frequently used statistics to identify periods of inflation or deflation. It usually has a big impact on stocks the day it is released.

Related Links

All about Inflation Tutorial
Why the CPI Is a Friend to Investors
Economic Indicators to Know

See also: Deflation, Inflation, PCE, PPI, RPI

Also spelled: cppiCPI

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Legal Dictionary

Main Entry: consumer price in·dex
Function: noun
: an index measuring the change in the cost of typical wage-earner purchases of goods and services in some base period called also cost-of-living index
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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