consumer price index


Also found in: Thesaurus, Legal, Financial, Acronyms, Encyclopedia, Wikipedia.
Related to consumer price index: producer price index, inflation

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.

consum′er price′ in`dex


n.
an index of the change in the cost of common goods and services paid by a typical consumer, expressed as the percentage change in the total cost of these same items over a previous base period. Abbr.: CPI
[1945–50]

consumer price index

A measurement of how much money can buy in terms of a selection of goods and services typically consumed by the average household. If there has been inflation a dollar will buy less than it did previously.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
References in periodicals archive ?
New Delhi [India], July 12 ( ANI ): Chief Economic Adviser Arvind Subramanian on Wednesday said that the low Consumer Price Index (CPI) of 1.
In order to improve the provision of information to the professional community, from January 2014 the indicators will be published on the Banks website a day earlier, at 11 am on the day the official consumer price index is released.
Over the past 12 months the main consumer price index has risen by an unadjusted 1.
Consumer Price Index during the month of July 2015 compared with the month of June 2015:
Consumer price index for Q4 2014 compared with Q4 2013 increased by 3.
In June, the seasonally adjusted consumer price index rose 0.
Offsetting these price increases, the consumer price index recorded a reduction in prices within other categories, with communication prices falling by 4.
According to the NCSI figures, the increase in food prices from January 2013 to January 2014 accounted for a significant proportion of price rises within the consumer price index, with overall food prices increasing by 3.
16 per cent, according to a report on consumer price index released by the National Centre for Statistics and Information (NCSI).
Published on Thursday, 13 March 2014 10:41 Ramallah/PNN The overall Consumer Price Index (CPI) for Palestine during February 2014 decreased by 0.
An unexpected fall in the consumer price index in Sweden has put the central bank under pressure.
For the period January-May 2013, the Consumer Price Index recorded an increase of 0.

Full browser ?