consumer price index

American  

noun

1. 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

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consumer price index Cultural  

1. 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.

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Etymology

Origin of consumer price index

First recorded in 1945–50

Example Sentences

As a result, it will not publish its October consumer price index report, originally scheduled for release on November 13.

From Barron's

Inflation, meanwhile, remains sticky, even after a slightly lower-than-expected increase in the consumer price index reported on Friday during the ongoing shuttering of the government.

From Barron's

Friday’s consumer price index was published only because the Social Security Administration also needed the CPI report to calculate inflation-adjusted benefit payments.

From Barron's

The Treasury sets new rates on inflation-linked savings bonds, or I bonds, every six months based on the change in the consumer price index.

From Barron's

The market got a boost from the one data point available—the delayed consumer price index report for September.

From Barron's

Related Words

• price index
• retail price index