Consumer Price Index. 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.

Use CPI in a sentence

You should always try and follow the CPI so that you know if things are going well in your companies favor.

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The President of the United States told our CEO that was concerned that CPI had gone up, food and housing were more expensive, and yet worker wages had not risen.

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My company recently entered into a leasehold agreement that provided lease payments would be adjusted annually to reflect the greater of 3% or the change in CPI from year to year.

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