consumer price index
consumer price index consumer price index n. An index of the cost of all goods and services to a typical consumer, calculated and published by the United States Bureau of Labor Statistics; abbreviated {CPI}, and usually referred to by that acronym. The Bureau maintains several indices for different groups of consumers, but the most commonly referred to is the index for ``All urban consumers'', called the {CPI-U}. The increase of this value each year is one measure of monetary inflation.

Syn: CPI, cost-of-living index. [WordNet 1.5]


The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

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