consumer price index

SEE SYNONYMS FOR consumer price index ON THESAURUS.COM

noun

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
Also called cost-of-living index.

Origin of consumer price index

First recorded in 1945–50

Words nearby consumer price index

consumer advocate, consumer credit, consumer durable, consumer goods, consumer packaged goods, consumer price index, consumer product safety commission, consumer strike, consumer terrorism, consumerism, consumerist

Words related to consumer price index

CPI

Cultural definitions for consumer price index

consumer price index

An index published by the government each month of prices for a representative sample of goods and services. The consumer price index was formerly known as the cost-of-living index.