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consumer price index

   Also found in: Legal, Financial, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
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.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.consumer price index - an index of the cost of all goods and services to a typical consumer
price index, price level - an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time


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? Mentioned in ? References in periodicals archive
 
Private owners, public agencies that do budgeting and design and contractors should all be aware that construction materials prices are likely to keep rising at a much faster rate than the 3-to-4-percent increase in the consumer price index (CPI) or broad producer price index (PPI) for finished goods," says AGC's Chief Economist Ken Simonson.
The August Consumer Price Index and Producer Price Index reports suggest inflationary forces are tame.
 
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