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
—abbreviation CPI
called also cost-of-living index
Examples of consumer price index in a Sentence
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Reimbursement rates are adjusted annually based on the consumer price index.
—
Brittney Melton, NPR, 15 May 2026
Critics have dubbed Measure C a forever tax that would be increased each year based on the growth of California per capita income or the Bay Area consumer price index, whichever is greater.
—Sierra Lopez, Mercury News, 14 May 2026
The consumer price index rose at its fastest clip in nearly three years last month, according to federal data released yesterday.
—Alex Harring, CNBC, 13 May 2026
The study looked at the monthly consumer price index average food price data from the Bureau of Labor and Statistics for the past two years.
—Jessica Guynn, USA Today, 29 Apr. 2026
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Brittney Melton, NPR, 15 May 2026
Critics have dubbed Measure C a forever tax that would be increased each year based on the growth of California per capita income or the Bay Area consumer price index, whichever is greater.
—Sierra Lopez, Mercury News, 14 May 2026
The consumer price index rose at its fastest clip in nearly three years last month, according to federal data released yesterday.
—Alex Harring, CNBC, 13 May 2026
The study looked at the monthly consumer price index average food price data from the Bureau of Labor and Statistics for the past two years.
—Jessica Guynn, USA Today, 29 Apr. 2026
See All Example Sentences for consumer price index
Cite this Entry
“Consumer price index.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20price%20index. Accessed 17 May. 2026.
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