Capital Goods Price Index(redirected from CGPI)
Also found in: Acronyms.
Capital Goods Price Index
A measure of inflation in New Zealand that considers what companies spend on capital assets, which are assets used to produce other assets. It is calculated by considering changes to prices in a basket of capital assets each quarter. Assets included in the index are: buildings (both residential and non-residential), land improvement costs, plant construction and machinery, and transportation equipment.