See: Consumer Price Index
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A measure of inflation. Bloomberg Financial Dictionary
See: consumer price index. Bloomberg Financial Dictionary
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CPI CPI
FINANCE written abbreviation for consumer price index
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Consumer Price Index.
The CPI is a measure of retail inflation. It is calculated by collecting and comparing the prices of a set basket of goods and services, as bought by a typical consumer, at regular intervals over time. Also known as a Retail Price Index.
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CPI UK US noun [C]
► ECONOMICS, COMMERCE ABBREVIATION for consumer price index: a list of the prices of basic goods and services, showing how they change each month. The CPI is usually used to measure inflation: »
About 55% of the CPI measures the cost of services, ranging from health care to airline fares.
→ Compare COST OF LIVING INDEX(Cf. ↑cost of living index), RETAIL PRICE INDEX(Cf. ↑retail price index)
► GOVERNMENT, POLITICS, LAW ABBREVIATION for CORRUPTION PERCEPTIONS INDEX(Cf. ↑Corruption Perceptions Index)
Financial and business terms. 2012.