CPI


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CPI

A measure of inflation. See: Consumer Price Index.

Consumer Price Index

A measure of inflation in the United States that considers what people spend on staple goods and services. It is calculated by taking the average of changes in price to a basket of goods and services compiled by the U.S. Department of Labor. The goods and services in the basket are weighted according to their perceived importance. The CPI is considered a primary tool in determining how people are experiencing inflation.

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.

CPI

See consumer price index.

References in periodicals archive ?
Likewise, Sri Lanka's CPI ranking of 91 is a lot better than Pakistan's, but its economic growth rate in 2017 was only 3.1pc.
In this regard, CPI inflation is expected to average out to 6.13 percent YoY/6.55 percent YoY in FY19F/CY19F.'
With a portfolio of eight solar-power plants, CPI now powers the equivalent of more than 2 million homes.
water, electricity, gas and other fuels 4.25 per cent, furnishing and household equipment maintenance 4.49 per cent, health 4.76 percent while the CPI for transport increased by6.43 percent.
In calculating the CPI, goods and services that are highly important to households are chosen.
Recreation and Culture, which has 12.68% weightage in the CPI basket, saw its index rise 0.7% in September this year against the previous month; while on a year-to-year basis, the index expanded 10.3%.
The CPI ASC Signal organization gives us comfort in this regard," said Riyadh Al Adely, Managing Director of SkyStream.
While the median CPI has proven useful in many contexts, it has an inherent drawback: its history is subject to revision about once a year, when the BLS releases its updated seasonal adjustment factors for the CPI.
CPI, which has had the largest operation of any IOC in Indonesia, has an expensive steam injection project at the Duri oilfield, but has experienced a drop in production mostly attributed to natural depletion.
Mullikin acquired CPI-Colorado in 2013 (CPI Colorado) and the Institute for Social + Emotional Intelligence in 2014 (ISEI).
The Abu Dhabi statistics center on Saturday release its consumer price index (CPI) for 2014.
Although some data users utilize the PPI as a potential indicator of the Consumer Price Index (CPI), there are many reasons why the PPI and the CPI may diverge.