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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Context: Those pay bumps would be tied to either the consumer price index or the average raises for employees in career services over the past four years, with the lowest deciding each official's raise.
—
Esteban L. Hernandez, Axios, 17 Oct. 2024
Germany has experienced good news on inflation, with figures out Tuesday showing wholesale prices fell 1.6% year-on-year in September, after the headline consumer price index cooled to 1.6%.
—Karen Gilchrist,jenni Reid,holly Ellyatt, CNBC, 15 Oct. 2024
Annual consumer price index inflation peaked at a 41-year-high of 9.1% in mid-2022 but has moderated significantly, hitting a 3.5-year low in September of 2.4%.
—Derek Saul, Forbes, 14 Oct. 2024
The consumer price index inched up 0.4% from last year, although that was boosted above zero only by a jump in fresh vegetable prices.
—Jason Ma, Fortune, 13 Oct. 2024
See all Example Sentences for consumer price index 
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Esteban L. Hernandez, Axios, 17 Oct. 2024
Germany has experienced good news on inflation, with figures out Tuesday showing wholesale prices fell 1.6% year-on-year in September, after the headline consumer price index cooled to 1.6%.
—Karen Gilchrist,jenni Reid,holly Ellyatt, CNBC, 15 Oct. 2024
Annual consumer price index inflation peaked at a 41-year-high of 9.1% in mid-2022 but has moderated significantly, hitting a 3.5-year low in September of 2.4%.
—Derek Saul, Forbes, 14 Oct. 2024
The consumer price index inched up 0.4% from last year, although that was boosted above zero only by a jump in fresh vegetable prices.
—Jason Ma, Fortune, 13 Oct. 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 5 Nov. 2024.
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