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CPI

CPI

30 4.2
A measure of how prices people pay change over time
  • noun
  • Specialized
translation icon : índice de precios al consumidor
  • However, there is some controversy over whether the CPI is an accurate measure of inflation.
  • Consumer Price Index (CPI)
  • Index (CPI)
  • Price Index (CPI)

So what are the expectations for that CPI report next week?

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Examples

  • The Consumer Price Index, or CPI, is the most widely used measure of inflation.

  • So what are the expectations for that CPI report next week?

  • Let's look at the actual CPI report for June.

  • An examination of the CPI table reveals many long periods of relative price stability.

    Academic text (1992)
  • The Consumer Price Index (CPI) is constructed on a given base period.

    Academic text (1992)
  • Social security payments, pensions, and inflation-indexed annuities all rely on CPI data to determine their annual adjustments.

    Blog text (8)
  • The latest CPI report shows a significant increase in the cost of essentials like food and housing.

  • The CPI is crucial for understanding inflation trends in the economy.

  • Analysts are closely watching the CPI to predict future monetary policy changes.

Synonyms

price index
vsCPI
  • Specialized
15 3.2

A number that shows how prices of goods and services change over time

focuses specifically on consumer prices rather than any price measure
consumer price index
vsCPI
  • Specialized
8 3.9

An official measure of how prices people pay for goods and services change over time

is the short abbreviation commonly used in tables and headlines
price level
vsCPI
  • Specialized
5 4.6

Average prices for goods and services in an economy over time

applies to consumer purchases specifically rather than abstract price aggregates
cost-of-living index
vsCPI
  • Specialized
1 3.5

A number showing how much money a typical household needs for basic goods and services

measures price change for purchases rather than maintaining living standard
index number
vsCPI
  • Specialized
1 5.5

A number that shows how things like prices change over time or between places

is the specific consumer price abbreviation used for that particular measure
5.0

An official measure of how consumer prices change over time

is the common abbreviated label for that official consumer measure

Surface Forms

CPI singular
CPIs plural

Etymology

CPI is an abbreviation of consumer price index, where consumer means 'people who buy', price means 'cost', and index means 'a number that shows change'. So CPI is a single number used to show how the cost of goods and services changes over time.