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CPI

   Also found in: Dictionary/thesaurus, Legal, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.15 sec.
CPI
A measure of inflation. See: Consumer Price Index.

CPI

Consumer price index (CPI). The consumer price index (CPI) is compiled monthly by the US Bureau of Labor Statistics and is a gauge of inflation that measures changes in the prices of basic goods and services.

Some of the things it tracks are housing, food, clothing, transportation, medical care, and education.

The CPI is used as a benchmark for making adjustments in Social Security payments, wages, pensions, and tax brackets to keep them in tune with the buying power of the dollar. It's often incorrectly referred to as the cost-of-living index.



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WITH little fanfare, the Bureau of Labor Statistics introduced an alternative consumer price index, along with the old CPI we have come to know and love.
In announcing the decision Thursday, the agency estimated that the experimental index could reduce the CPI by as much as 0.
As in GMT sheet (such as Azdel from GE Plastics or Exxon's Taffen), polypropylene is the resin currently used in the CPI process.
 
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