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Consumer Price Index |
Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson | 0.06 sec. |
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Consumer Price Index (CPI) The CPI, as it is called, measures the prices of consumer goods and services and is a measure of the pace of US inflation. The US Department of Labor publishes the CPI every month. |
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j,t] are consumer price indexes for the United States and economy j. The Grumbach study, according to Banks, was based on the meshing of annual consumer price indexes and gross domestic product figures. Combine this kind of market activity with increasingly positive national economic reports including improvement in employment, inflation in check as demonstrated by both producer and consumer price indexes, increasing retail sales, gains in domestic car sales, and an optimistic forecast by the nation's purchasing managers among other signs, and you have reason to believe the bottom is behind us and momentum is building for a sustained recovery. |
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