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consumer price index. In DICTIOUS you will not only get to know all the dictionary meanings for the word
consumer price index, but we will also tell you about its etymology, its characteristics and you will know how to say
consumer price index in singular and plural. Everything you need to know about the word
consumer price index you have here. The definition of the word
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English
Noun
consumer price index
- (economics) A statistical estimate of the level of prices of goods and services bought for consumption purposes by households.
2022 May 11, Dominic Rushe, “US inflation rate slows but remains close to 40-year high”, in The Guardian:The latest consumer price index (CPI) figures—which measure a broad range of goods and services—showed prices rising by a monthly rate of 0.3% in April, down from 1.2% in March, the first fall since August 2021.
Coordinate terms
Translations
statistical estimate of the level of prices