Meaning of “CPI” in the English Dictionary

"CPI" in Business English

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CPInoun [ C ]

uk us

ECONOMICS, COMMERCE abbreviation for consumer price index: a list of the prices of basic goods and services, showing how they change each month. The CPI is usually used to measure inflation:

About 55% of the CPI measures the cost of services, ranging from health care to airline fares.

GOVERNMENT, POLITICS, LAW abbreviation for Corruption Perceptions Index

(Definition of “CPI” from the Cambridge Business English Dictionary © Cambridge University Press)