Consumer Price Index

Definition

CPI. An inflationary indicator that measures the change in the cost of a fixed basket of products and services, including housing, electricity, food, and transportation. The CPI is published monthly. also called cost-of-living index.

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I use the Consumer Price Index to determine when would be the best time to purchase items that are of necessity to me.

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I consulted the Consumer Price Index, because I was obsessed with prices and wanted to know more about them and how they worked.

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In order to access the rise in prices of basic goods and services, it is useful to consult the Consumer Price Index, which measures the costs of basic goods over time.

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