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
Recent Examples on the Web
This tracker is updated monthly using consumer price index data from BLS.
—
Claire Malon, Chicago Tribune, 16 Apr. 2026
Consumers saw prices for fresh tomatoes spike about 15% in the month of March alone, following a 6% increase in February, according to the consumer price index, an inflation barometer.
—Greg Iacurci, CNBC, 15 Apr. 2026
Inflation surged nearly a full 1% in a month, according to the latest consumer price index released today by the Bureau of Labor Statistics.
—Catherina Gioino, Fortune, 10 Apr. 2026
The consumer price index for March will be released Friday.
—Nancy Cook, Bloomberg, 7 Apr. 2026
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Claire Malon, Chicago Tribune, 16 Apr. 2026
Consumers saw prices for fresh tomatoes spike about 15% in the month of March alone, following a 6% increase in February, according to the consumer price index, an inflation barometer.
—Greg Iacurci, CNBC, 15 Apr. 2026
Inflation surged nearly a full 1% in a month, according to the latest consumer price index released today by the Bureau of Labor Statistics.
—Catherina Gioino, Fortune, 10 Apr. 2026
The consumer price index for March will be released Friday.
—Nancy Cook, Bloomberg, 7 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 26 Apr. 2026.
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