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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

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.

Etymology

Origin of consumer price index

First recorded in 1945–50

Example Sentences

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

PPI, along with the consumer price index, feeds into the calculation of the Fed’s preferred inflation gauge, the Personal Consumption Expenditures Price Index.

From Barron's

The Bureau of Labor Statistics calculates the change in the consumer price index compared with one year earlier.

From Barron's

That is just what the consumer price index measures.

From Barron's

That is just what the consumer price index measures.

From Barron's

The delayed December PCE report came out a week after the January consumer price index, making it somewhat dated and less important to financial markets.

From MarketWatch

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

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.