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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The producer price index tracks the changes in prices between producers, compared to the consumer price index, which tracks changes in consumer prices.
—
Lee Ying Shan, CNBC, 22 May 2025
Inflation isn't bad now Consumers saw inflation hit a four-year low, as the consumer price index rose year-over-year by 2.3% in April, according to the May 13 report by the U.S. Bureau of Labor Statistics.
—Susan Tompor, USA Today, 20 May 2025
The deposit has not kept pace with inflation — five cents in 1971 would be equal to 40 cents today, according to the consumer price index’s inflation calculator — but many low-income residents rely on it.
—Claire Rush, Los Angeles Times, 18 May 2025
The cost of electricity also remained at its peak in April, according to the latest data from the consumer price index.
—Claire Malon, Chicago Tribune, 15 May 2025
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Lee Ying Shan, CNBC, 22 May 2025
Inflation isn't bad now Consumers saw inflation hit a four-year low, as the consumer price index rose year-over-year by 2.3% in April, according to the May 13 report by the U.S. Bureau of Labor Statistics.
—Susan Tompor, USA Today, 20 May 2025
The deposit has not kept pace with inflation — five cents in 1971 would be equal to 40 cents today, according to the consumer price index’s inflation calculator — but many low-income residents rely on it.
—Claire Rush, Los Angeles Times, 18 May 2025
The cost of electricity also remained at its peak in April, according to the latest data from the consumer price index.
—Claire Malon, Chicago Tribune, 15 May 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 29 May. 2025.
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