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
In comparison, the Japanese core consumer price index, which excludes fresh food, climbed by 2.7% in July.
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Lee Ying Shan, CNBC, 11 Sep. 2024
Key Facts Headline inflation was 2.5% last month, according to year-over-year changes in the consumer price index (CPI) reported by the Bureau of Labor Statistics, a touch below consensus economist estimates of 2.6%, according to FactSet.
—Derek Saul, Forbes, 11 Sep. 2024
The consumer price index was up 0.2% on a month-to-month basis in July after posting a decline of 0.1% in June.
—Susan Tompor, Detroit Free Press, 15 Aug. 2024
In the 12 months through July, consumer prices rose a modest 2.9%, the Labor Department reported Wednesday in its consumer price index — dipping below 3% for the first time since March 2021.
—Rebecca Morin, USA TODAY, 15 Aug. 2024
See all Example Sentences for consumer price index 
Lee Ying Shan, CNBC, 11 Sep. 2024
Key Facts Headline inflation was 2.5% last month, according to year-over-year changes in the consumer price index (CPI) reported by the Bureau of Labor Statistics, a touch below consensus economist estimates of 2.6%, according to FactSet.
—Derek Saul, Forbes, 11 Sep. 2024
The consumer price index was up 0.2% on a month-to-month basis in July after posting a decline of 0.1% in June.
—Susan Tompor, Detroit Free Press, 15 Aug. 2024
In the 12 months through July, consumer prices rose a modest 2.9%, the Labor Department reported Wednesday in its consumer price index — dipping below 3% for the first time since March 2021.
—Rebecca Morin, USA TODAY, 15 Aug. 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 19 Sep. 2024.
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