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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According to the latest consumer price index, egg prices nationwide averaged $4.55 per dozen in May—up from $2.69 a year earlier, according to data from the Bureau of Labor Statistics.
—
Giulia Carbonaro, MSNBC Newsweek, 10 July 2025
The consumer price index rose just 0.1% in May, according to the Bureau of Labor Statistics, though the annual inflation rate of 2.4% remains above the Fed’s 2% goal.
—Jeff Cox, CNBC, 8 July 2025
In a reflection of that trend, the consumer price index (CPI) rose 2.4% in May, down from 3% in January when Trump took office.
—Matt Egan, CNN Money, 8 July 2025
According to a city staff report, the rate increase that EDCO requested is based on a 3.12% consumer price index increase from 2023 to 2024, and a 3.42% tipping fee increase from $55.69 to $57.59 per ton.
—Luke Harold, San Diego Union-Tribune, 29 June 2025
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Giulia Carbonaro, MSNBC Newsweek, 10 July 2025
The consumer price index rose just 0.1% in May, according to the Bureau of Labor Statistics, though the annual inflation rate of 2.4% remains above the Fed’s 2% goal.
—Jeff Cox, CNBC, 8 July 2025
In a reflection of that trend, the consumer price index (CPI) rose 2.4% in May, down from 3% in January when Trump took office.
—Matt Egan, CNN Money, 8 July 2025
According to a city staff report, the rate increase that EDCO requested is based on a 3.12% consumer price index increase from 2023 to 2024, and a 3.42% tipping fee increase from $55.69 to $57.59 per ton.
—Luke Harold, San Diego Union-Tribune, 29 June 2025
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 24 Jul. 2025.
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