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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Economists polled by Reuters had anticipated the consumer price index would hit 2.7% in the twelve months to March.
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Holly Ellyatt, CNBC, 16 Apr. 2025
Apple has not raised the base price of its flagship iPhones in over seven years, while the U.S. consumer price index has increased about 29% during the same period.
—Trefis Team, Forbes.com, 10 Apr. 2025
However, inflation fell more than expected to 2.8 percent in February, according to the annual consumer price index (CPI).
—Ron Estes, MSNBC Newsweek, 29 Mar. 2025
The latest consumer price index report showed that prices for essentials like food, shelter, and energy rose 2.8% in February compared to the previous year.
—Caroline Castrillon, Forbes, 24 Mar. 2025
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Holly Ellyatt, CNBC, 16 Apr. 2025
Apple has not raised the base price of its flagship iPhones in over seven years, while the U.S. consumer price index has increased about 29% during the same period.
—Trefis Team, Forbes.com, 10 Apr. 2025
However, inflation fell more than expected to 2.8 percent in February, according to the annual consumer price index (CPI).
—Ron Estes, MSNBC Newsweek, 29 Mar. 2025
The latest consumer price index report showed that prices for essentials like food, shelter, and energy rose 2.8% in February compared to the previous year.
—Caroline Castrillon, Forbes, 24 Mar. 2025
See All Example Sentences for consumer price index
Cite this Entry
“Consumer price index.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20price%20index. Accessed 22 Apr. 2025.
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