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Consumer price index
(redirected from consumer price indexes)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
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.
consumer price index (CPI)
A measure of the relative cost of living compared with a base period (currently 1982-84). The CPI can be a misleading indicator of the impact of inflation on an individual because it is based on the spending patterns of an urban family of four. Also called price index. Compare producer price index. See also GDP deflator.

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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? Mentioned in ? References in periodicals archive
 
j,t] are consumer price indexes for the United States and economy j.
Indexes of the foreign exchange value of the dollar by Subramanian, Sarita / Federal Reserve Bulletin
The Grumbach study, according to Banks, was based on the meshing of annual consumer price indexes and gross domestic product figures.
Study sees state health plan generating huge debt by Shinkman, Ronald / Los Angeles Business Journal
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.
Signs of awakening economy evident by Stein, Alan L. / Real Estate Weekly
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