consumer price index

/kənˌsumər praɪs ˌɪnˈdɛks/
IPA guide

Other forms: consumer price indices

Definitions of consumer price index
  1. noun
    an index of the cost of all goods and services to a typical consumer
    synonyms: CPI, cost-of-living index
    see moresee less
    type of:
    price index, price level
    an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time
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