consumer price index
noun
: an index measuring the change in the cost of typical wage-earner purchases of goods and services expressed as a percentage of the cost of these same goods and services in some base period
called also cost-of-living index
Examples of consumer price index in a Sentence
Recent Examples on the Web
The data reported on Wednesday by the Bureau of Labor Statistics in an update to the consumer price index are encouraging news for President Joe Biden.
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Zachary Halaschak, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 12 June 2024
Steve Linke, a member of the city’s Traffic and Mobility Commission and the Growth Management Citizens Committee, suggested a new limit that would be adjusted according to the consumer price index or a construction costs index.
—Phil Diehl, San Diego Union-Tribune, 15 May 2024
However, if Wednesday’s consumer price index, which measures inflation for average Americans, comes in higher than expected, that’s a different story.
—Will Daniel, Fortune, 14 May 2024
The consumer price index for February is scheduled to be released March 12.
—Susan Tompor, Detroit Free Press, 6 Mar. 2024
See all Example Sentences for consumer price index 
Zachary Halaschak, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 12 June 2024
Steve Linke, a member of the city’s Traffic and Mobility Commission and the Growth Management Citizens Committee, suggested a new limit that would be adjusted according to the consumer price index or a construction costs index.
—Phil Diehl, San Diego Union-Tribune, 15 May 2024
However, if Wednesday’s consumer price index, which measures inflation for average Americans, comes in higher than expected, that’s a different story.
—Will Daniel, Fortune, 14 May 2024
The consumer price index for February is scheduled to be released March 12.
—Susan Tompor, Detroit Free Press, 6 Mar. 2024
See all Example Sentences for consumer price index
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'consumer price index.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Consumer price index.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20price%20index. Accessed 2 Jul. 2024.
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