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consumer price index
1 ENTRIES FOUND:
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
Example Sentences
Recent Examples on the Web The lower gas prices in turn have helped reduce the overall rate of inflation, with the annual consumer price index declining to 8.5 percent in July from a four-decade high of 9.1 percent in June. 
Jim Puzzanghera, BostonGlobe.com, 9 Sep. 2022 Inflation data for August will be released on September 13, with Marcelli predicting the consumer price index will be flat on a month-over-month basis due partly to lower gasoline prices. Aimee Picchi, CBS News, 6 Sep. 2022 According to the consumer price index for urban customers, the rent index increased 0.7% in July across 75 U.S. urban areas. Summer Lin, Los Angeles Times, 2 Sep. 2022 Besides rising fuel prices, the BLS consumer price index said costs over the past year rose by 10.9% for food, 5.7% for housing and 5.1% for clothing, among other costs. Tristan Richards, The Arizona Republic, 2 Sep. 2022 According to Bloomberg, the consumer price index category for food away increased 7.7% in June from last year, while full-service restaurants went up to 8.9%. Jasmine Browley, Essence, 15 Aug. 2022 The Labor Department reported last week that its consumer price index soared 9.1% over the past year, the biggest yearly increase since 1981. Matt Ott, Chicago Tribune, 21 July 2022 Some parts of the totality are larger than others, and next week’s employment report — along with the consumer price index on Sept. 13 — are among the biggest. Fortune, 28 Aug. 2022 Another measure, the consumer price index, didn’t rise at all in July. Nate Dicamillo, Quartz, 26 Aug. 2022 See More
Jim Puzzanghera, BostonGlobe.com, 9 Sep. 2022 Inflation data for August will be released on September 13, with Marcelli predicting the consumer price index will be flat on a month-over-month basis due partly to lower gasoline prices. Aimee Picchi, CBS News, 6 Sep. 2022 According to the consumer price index for urban customers, the rent index increased 0.7% in July across 75 U.S. urban areas. Summer Lin, Los Angeles Times, 2 Sep. 2022 Besides rising fuel prices, the BLS consumer price index said costs over the past year rose by 10.9% for food, 5.7% for housing and 5.1% for clothing, among other costs. Tristan Richards, The Arizona Republic, 2 Sep. 2022 According to Bloomberg, the consumer price index category for food away increased 7.7% in June from last year, while full-service restaurants went up to 8.9%. Jasmine Browley, Essence, 15 Aug. 2022 The Labor Department reported last week that its consumer price index soared 9.1% over the past year, the biggest yearly increase since 1981. Matt Ott, Chicago Tribune, 21 July 2022 Some parts of the totality are larger than others, and next week’s employment report — along with the consumer price index on Sept. 13 — are among the biggest. Fortune, 28 Aug. 2022 Another measure, the consumer price index, didn’t rise at all in July. Nate Dicamillo, Quartz, 26 Aug. 2022 See More Word History
First Known Use
1945, in the meaning defined above
Time Traveler
The first known use of consumer price index was in 1945 👨🏻🏫 Mr. Ng 韋氏詞典 📚 – mw.mister5️⃣.net
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