CONSUMER PRICE INDEX Definition & Meaning

View synonyms for

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

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.

Discover More

�y��vlog History and Origins

Origin of consumer price index¹

First recorded in 1945–50

Discover More

Example Sentences

Examples have not been reviewed.

The spike has contributed to an overall rise in grocery prices, which increased half a percent last month, the Labor Department’s consumer price index report released this week found.

From

As of December, overall food inflation was 2.5% year over year, according to the Bureau of Labor Statistics’ consumer price index summary.

From

Those increases would have been tied to the consumer price index, according to city policy analysts.

From

The city ordinance sets an allowable annual increase in rents between a guaranteed minimum of 3% and a maximum of 8% based on the consumer price index, which measures inflation.

From

Those penalties also would be adjusted each year, depending on changes in the consumer price index.

From

Related �y��vlogs

Browse