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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May’s consumer price index showed price increases of 2.4% compared to a year ago, and an increase of just 0.1% since April.
—
Megan Poinski, Forbes.com, 16 June 2025
According to Labor Department statistics released Wednesday, the consumer price index rose 0.1% last month, with the 12-month rate of inflation at 2.4% — a moderate gain from 2.3% in April.
—Tom Chivers, semafor.com, 12 June 2025
The May consumer price index came in cooler than expected, and that's giving a lift to the market.
—Jim Cramer, CNBC, 11 June 2025
The May consumer price index report, due midweek, could provide insight into whether the tariff rollercoaster is reviving inflation.
—Medora Lee, USA Today, 10 June 2025
See All Example Sentences for consumer price index
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Megan Poinski, Forbes.com, 16 June 2025
According to Labor Department statistics released Wednesday, the consumer price index rose 0.1% last month, with the 12-month rate of inflation at 2.4% — a moderate gain from 2.3% in April.
—Tom Chivers, semafor.com, 12 June 2025
The May consumer price index came in cooler than expected, and that's giving a lift to the market.
—Jim Cramer, CNBC, 11 June 2025
The May consumer price index report, due midweek, could provide insight into whether the tariff rollercoaster is reviving inflation.
—Medora Lee, USA Today, 10 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 19 Jun. 2025.
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