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
Examples of consumer price index in a Sentence
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Instead, ahead of Wednesday’s all-important consumer price index reading, markets got a warning sign.
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Will Daniel, Fortune, 14 May 2024
Inflation peaked in June 2022, when the consumer price index shot up 9.1% year-over-year, its fastest rate of increase in 41 years — just as a sizable portion of Gen Z began entering the job market.
—Rocio Fabbro, Quartz, 13 May 2024
See all Example Sentences for consumer price index 
Will Daniel, Fortune, 14 May 2024
Inflation peaked in June 2022, when the consumer price index shot up 9.1% year-over-year, its fastest rate of increase in 41 years — just as a sizable portion of Gen Z began entering the job market.
—Rocio Fabbro, Quartz, 13 May 2024
See all Example Sentences for consumer price index
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'consumer price index.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Consumer price index.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20price%20index. Accessed 17 May. 2024.
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