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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The consumer price index showed a 12-month inflation rate of 2.7% after increasing 0.3% on the month, the Bureau of Labor Statistics reported Wednesday.
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Jeff Cox, CNBC, 11 Dec. 2024
Over the past 12 months, the consumer price index climbed 2.7%, the Bureau of Labor Statistics reported Wednesday.
—Rob Wile, NBC News, 11 Dec. 2024
Meanwhile, the consumer price index (CPI) gained only +0.20% versus expectations of +0.40% and October’s +0.30%.
—Brendan Ahern, Forbes, 9 Dec. 2024
That's more than double last year's 2.7% increase and the annual inflation rate of 2.6% recently reported in the October consumer price index.
—Janet Loehrke, USA TODAY, 1 Dec. 2024
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Jeff Cox, CNBC, 11 Dec. 2024
Over the past 12 months, the consumer price index climbed 2.7%, the Bureau of Labor Statistics reported Wednesday.
—Rob Wile, NBC News, 11 Dec. 2024
Meanwhile, the consumer price index (CPI) gained only +0.20% versus expectations of +0.40% and October’s +0.30%.
—Brendan Ahern, Forbes, 9 Dec. 2024
That's more than double last year's 2.7% increase and the annual inflation rate of 2.6% recently reported in the October consumer price index.
—Janet Loehrke, USA TODAY, 1 Dec. 2024
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 17 Dec. 2024.
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