Consumer Price Index (CPI)
cost-of-living index, (Economics) comparison of the price of basic goods and services during a specific period versus the price of those goods and services during a base period (used as a measure of the inflation rate) | ||||
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Consumer Price Index definition was found in categories: Business & Finance(5) Language, Idioms & Slang(1) Science & Technology(1) Social Science(1) Encyclopedia(1)
Consumer Price Index Definition from Business & Finance Dictionaries & Glossaries
| Campbell R. Harvey's Hypertextual Finance Glossary |
Consumer Price Index
The CPI, as it is called, measures the prices of consumer goods and services and is a measure of the pace of U.S. inflation. The U.S.Department of Labor publishes the CPI very month.
The CPI, as it is called, measures the prices of consumer goods and services and is a measure of the pace of U.S. inflation. The U.S.Department of Labor publishes the CPI very month.
| BTS Transportation Expressions |
Consumer Price Index (CPI)
An index issued by the U.S. Department of Labor, Bureau of Labor Statistics. The CPI is designed to measure changes in the prices of goods and services bought by wage earners and clerical workers in urban areas. It represents the cost of a typical consumption bundle at current prices as a ratio to its cost at a base year. (DOE6)
An index issued by the U.S. Department of Labor, Bureau of Labor Statistics. The CPI is designed to measure changes in the prices of goods and services bought by wage earners and clerical workers in urban areas. It represents the cost of a typical consumption bundle at current prices as a ratio to its cost at a base year. (DOE6)
| European Central Bank Glossary |
consumer price index (CPI)
A measure of changes over time in prices of consumption goods and services acquired or used by households.
A measure of changes over time in prices of consumption goods and services acquired or used by households.
| Leasing |
Consumer Price Index (CPI)
A government-produced table indicating how prices increase or decrease during a given period.
A government-produced table indicating how prices increase or decrease during a given period.
| Raynet Business & Marketing Glossary |
Consumer Price Index (CPI)
1. compares the current cost of purchasing a fixed set of goods and services with the cost of the same set at a specific base year. The resulting measures can be compared over time.
2. an inflationary indicator that measures the change in the cost of a fixed basket of products and services, including housing, electricity, food, and transportation. The CPI is published monthly; also called cost-of-living index (see Retail Price Index and Producer Price Index.)
1. compares the current cost of purchasing a fixed set of goods and services with the cost of the same set at a specific base year. The resulting measures can be compared over time.
2. an inflationary indicator that measures the change in the cost of a fixed basket of products and services, including housing, electricity, food, and transportation. The CPI is published monthly; also called cost-of-living index (see Retail Price Index and Producer Price Index.)
Consumer Price Index Definition from Language, Idioms & Slang Dictionaries & Glossaries
| WordNet 2.0 |
consumer price index
Noun
1. an index of the cost of all goods and services to a typical consumer
(synonym) CPI, cost-of-living index
(hypernym) price index, price level
Noun
1. an index of the cost of all goods and services to a typical consumer
(synonym) CPI, cost-of-living index
(hypernym) price index, price level
Consumer Price Index Definition from Science & Technology Dictionaries & Glossaries
| EIA Energy Glossary |
Consumer Price Index (CPI)
These prices are collected in 85 urban areas selected to represent all urban consumers about 80 percent of the total U.S. population. The service stations are selected initially and on a replacement basis, in such a way that they represent the purchasing habits of the CPI population. Service stations in the current sample include those providing all types of service (i.e., full, mini, and self service).
These prices are collected in 85 urban areas selected to represent all urban consumers about 80 percent of the total U.S. population. The service stations are selected initially and on a replacement basis, in such a way that they represent the purchasing habits of the CPI population. Service stations in the current sample include those providing all types of service (i.e., full, mini, and self service).
| Environmental Economics Glossary |
Consumer Price Index (CPI)
A measure of the average amount (price) paid for a market basket of goods and services by a typical U.S. consumer in comparison to the average paid for the same basket in an earlier base year. a price index in which the basket of goods is defined by what a typical consumer purchases
A measure of the average amount (price) paid for a market basket of goods and services by a typical U.S. consumer in comparison to the average paid for the same basket in an earlier base year. a price index in which the basket of goods is defined by what a typical consumer purchases
Consumer Price Index Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Consumer price index
A consumer price index (CPI) is an index number measuring the average price of consumer goods and services purchased by households. It is one of several price indices calculated by national statistical agencies. The percent change in the CPI is a measure of inflation. The CPI can be used to index (i.e., adjust for the effects of inflation) wages, salaries, pensions, or regulated or contracted prices. The CPI is, along with the population census and the National Income and Product Accounts, one of the most closely watched national economic statistics.
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