consumer price index
Definition of consumer price index
: 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
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First Known Use of consumer price index
1945
Law Dictionary
consumer price index
Legal Definition of consumer price index
: an index measuring the change in the cost of typical wage-earner purchases of goods and services in some base period —called also cost-of-living index
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Britannica.com: Encyclopedia article about consumer price index
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