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Synonyms

consumer price index

American

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 Cultural

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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The consumer price index for January might bring the Fed closer to its goal.

From MarketWatch

First comes the January jobs report on Wednesday, then Friday’s report on the consumer price index.

From Barron's

The Bureau of Labor Statistics will release the January jobs report on Wednesday and the consumer price index on Friday.

From Barron's

This week’s other economic data highlights include U.S. retail sales for December and the January consumer price index.

From Barron's

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023