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
Recent Examples on the Web
Wednesday’s report on the consumer price index is expected to show that core prices rose 0.3% from February to March, which generally is too fast for the Fed’s liking.
—
Christopher Rugaber, Fortune, 6 Apr. 2024
Annual inflation, as measured by the consumer price index, increased 3.2% in February, slightly more than expected, with shelter and gasoline prices accounting for the majority of the growth.
—Rocio Fabbro, Quartz, 29 Mar. 2024
The proposals are being touted at a time when PG&E is under fire for skyrocketing monthly utility bills that have soared far faster than the overall inflation rate in the Bay Area as measured by the costly region’s consumer price index.
—George Avalos, The Mercury News, 27 Mar. 2024
The average price for a dozen increased by 5.8 % in February, according to the latest consumer price index.
—Tiffani Jackson, Fort Worth Star-Telegram, 27 Mar. 2024
Gas was the main culprit behind last week’s hotter-than-expected consumer price index and a disappointing wholesale inflation report.
—Matt Egan, CNN, 18 Mar. 2024
Motor vehicle insurance premiums rose 20.6% in January year over year, according to the consumer price index data for January.
—Susan Tompor, Detroit Free Press, 29 Feb. 2024
But even in February and March, as a key inflation measure, the consumer price index, showed an acceleration in price increases in the first two months of the year, the S&P 500 largely shrugged off the concerns and continued its march higher.
—Paul Davidson, USA TODAY, 24 Mar. 2024
The consumer price index, compiled monthly by the U.S. Bureau of Labor Statistics, indicates a bit of inflation relief at the supermarket, but still, prices are up about 25% over the last four years.
—Steve Lopez, Los Angeles Times, 10 Mar. 2024
Christopher Rugaber, Fortune, 6 Apr. 2024
Annual inflation, as measured by the consumer price index, increased 3.2% in February, slightly more than expected, with shelter and gasoline prices accounting for the majority of the growth.
—Rocio Fabbro, Quartz, 29 Mar. 2024
The proposals are being touted at a time when PG&E is under fire for skyrocketing monthly utility bills that have soared far faster than the overall inflation rate in the Bay Area as measured by the costly region’s consumer price index.
—George Avalos, The Mercury News, 27 Mar. 2024
The average price for a dozen increased by 5.8 % in February, according to the latest consumer price index.
—Tiffani Jackson, Fort Worth Star-Telegram, 27 Mar. 2024
Gas was the main culprit behind last week’s hotter-than-expected consumer price index and a disappointing wholesale inflation report.
—Matt Egan, CNN, 18 Mar. 2024
Motor vehicle insurance premiums rose 20.6% in January year over year, according to the consumer price index data for January.
—Susan Tompor, Detroit Free Press, 29 Feb. 2024
But even in February and March, as a key inflation measure, the consumer price index, showed an acceleration in price increases in the first two months of the year, the S&P 500 largely shrugged off the concerns and continued its march higher.
—Paul Davidson, USA TODAY, 24 Mar. 2024
The consumer price index, compiled monthly by the U.S. Bureau of Labor Statistics, indicates a bit of inflation relief at the supermarket, but still, prices are up about 25% over the last four years.
—Steve Lopez, Los Angeles Times, 10 Mar. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'consumer price index.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near consumer price index
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“Consumer price index.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20price%20index. Accessed 18 Apr. 2024.
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