Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “consumer price index”

consumer price index

noun [C, usually singular]
 
 
( abbreviation CPI)
ECONOMICS a list of the prices of basic goods and services, showing how they change in a particular period of time, as a way of measuring inflation: The consumer price index hit a six-month high in October. The consumer price index was up 3.4%. → See also cost of living index, retail price index
(Definition of consumer price index from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of consumer price index?
Add Cambridge dictionaries to your browser to your website

Definitions of “consumer price index” in other dictionaries

Translations of “consumer price index”

Word of the Day

sling

to throw or drop something carelessly

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More