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

The President of the United States told our CEO that he was concerned that CPI had gone up, resulting in more expensive food and housing while workers wages had not risen.

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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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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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