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
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After rising steadily post-pandemic, admission to movies, theaters and concerts jumped 20% since 2021, according to the Bureau of Labor Statistics’ consumer price index data.
—
Jessica Dickler, CNBC, 31 Jan. 2025
According to the weightings for the consumer price index, energy spending represents on average just 6% of expenditures, much less than food (13%) or shelter (37%).
Inflation, dormant for decades, resurfaced in early 2021 as the economy recovered with unexpected strength from COVID-19 lockdowns.
—Paul Wiseman, Chicago Tribune, 21 Jan. 2025
On the economy, encouraging consumer price index reports indicate inflation is relenting, a dramatic improvement from 2022 — although food and energy costs remain relatively high.
—Neal Rothschild, Axios, 20 Jan. 2025
Wednesday’s report from the Labor Department showed that the consumer price index rose 2.9% in December from a year ago, the highest since July, up from 2.7% in November.
—Christopher Rugaber, Los Angeles Times, 15 Jan. 2025
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Jessica Dickler, CNBC, 31 Jan. 2025
According to the weightings for the consumer price index, energy spending represents on average just 6% of expenditures, much less than food (13%) or shelter (37%).
Inflation, dormant for decades, resurfaced in early 2021 as the economy recovered with unexpected strength from COVID-19 lockdowns.
—Paul Wiseman, Chicago Tribune, 21 Jan. 2025
On the economy, encouraging consumer price index reports indicate inflation is relenting, a dramatic improvement from 2022 — although food and energy costs remain relatively high.
—Neal Rothschild, Axios, 20 Jan. 2025
Wednesday’s report from the Labor Department showed that the consumer price index rose 2.9% in December from a year ago, the highest since July, up from 2.7% in November.
—Christopher Rugaber, Los Angeles Times, 15 Jan. 2025
See all Example Sentences for consumer price index
Dictionary Entries Near consumer price index
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“Consumer price index.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20price%20index. Accessed 8 Feb. 2025.
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