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WordNet-Online
Definitions from WordNet
Noun consumer price index has 1 sense
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Definitions from the WebConsumer Price IndexNoun: The Consumer Price Index (CPI) is a measurement tool used to determine the average change in prices paid by urban consumers for a specific basket of goods and services over time. Sample Sentence: The consumer price index increased by 2% last year, indicating a rise in overall prices. Adjective: The consumer price index calculation takes into account various consumer goods and services. Sample Sentence: With a consumer price index adjustment, the cost of living increases reflected in wages. Verb: Consumers can use the consumer price index as a reference to monitor changes in prices and make informed purchasing decisions. Sample Sentence: It is important to regularly consumer price index the cost of essential commodities. Related Products on Amazon: | ||||
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