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consumer price index

con·sum·er price in·dex
C c

Transcription

    • US Pronunciation
    • US IPA
    • UK Pronunciation
    • UK IPA
    • [kuh n-soo-mer prahys in-deks]
    • /kənˈsu mər praɪs ˈɪn dɛks/
    • /kənˈsjuːmə(r) praɪs ˈɪndeks/
    • US Pronunciation
    • US IPA
    • [kuh n-soo-mer prahys in-deks]
    • /kənˈsu mər praɪs ˈɪn dɛks/

Definitions of consumer price index words

  • singular noun consumer price index The consumer price index is an official measure of the rate of inflation within a country's economy. The abbreviation CPI is also used. 3
  • noun consumer price index a measure of the average price of goods and services purchased by consumers, used as an index of inflation 3
  • noun consumer price index an index of the changes in the cost of goods and services to a typical consumer, based on the costs of the same goods and services at a base period. Abbreviation: CPI. 1
  • noun consumer price index retail price data 1
  • noun consumer price index (economics) A statistical estimate of the level of prices of goods and services bought for consumption purposes by households. 0

Information block about the term

Origin of consumer price index

First appearance:

before 1945
One of the 6% newest English words
First recorded in 1945-50

Historical Comparancy

Parts of speech for Consumer price index

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation

consumer price index popularity

This term is known only to a narrow circle of people with rare knowledge. Only 1% of English native speakers know the meaning of this word.
According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

consumer price index usage trend in Literature

This diagram is provided by Google Ngram Viewer

Synonyms for consumer price index

noun consumer price index

  • price index — an index of the changes in the prices of goods and services, based on the prices of the same goods and services at a period arbitrarily selected as a base, usually expressed as 100.
  • cost-of-living index — a numerical scale by means of which cost-of-living levels can be compared with a base number
  • retail price index — The retail price index is a list of the prices of typical goods which shows how much the cost of living changes from one month to the next.
  • cpi — CPI is an abbreviation for consumer price index.

See also

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