Definition of consumer price index in English:

consumer price index

(also CPI)

Pronunciation /kənˈs(y)o͞omər prīs ˈinˌdeks/ /kənˈs(j)umər praɪs ˈɪnˌdɛks/

Translate consumer price index into Spanish

noun

  • An index of the variation in prices paid by typical consumers for retail goods and other items.

    ‘Index the 60 per cent of median income to the consumer price index, and by 2001, only 2 per cent of people fell below the line.’
    • ‘In the present U.S. system, benefits after retirement are indexed to the consumer price index.’
    • ‘For comparison, Labor notes medical prices rose by about 50% as measured in the consumer price index.’
    • ‘Salary increases for the same period last year averaged 8 per cent against the consumer price index of 5.6 per cent.’
    • ‘But the Fed also reacts to recent inflation as gauged by the consumer price index.’
    • ‘The year on year inflation rate for the composite consumer price index declined to 22.2 per cent for May 2001.’
    • ‘It also announced a new mechanism that appeared to link the licence fee to the consumer price index.’
    • ‘The popular notion that the central bank can implement a policy of price stability by stabilizing changes in a price index like the consumer price index is therefore erroneous.’
    • ‘By contrast, salary increases for the same period in 2001 increased by 2.4 per cent against the consumer price index.’
    • ‘The second column in the table shows the rental index from the consumer price index.’
    • ‘Because of higher oil prices, the total consumer price index rose 0.6% in March from February.’
    • ‘But the principal value is adjusted twice a year to reflect inflation, as measured by increases in the consumer price index.’
    • ‘The price of the television licence is linked to the consumer price index which means that any increase has implications for inflation.’
    • ‘Gas and fuel prices have had a sizable impact on the consumer price index.’
    • ‘In recent years, software publishers have hit consumers with a double whammy that very likely escapes the consumer price index.’
    • ‘Another likely change: Today's retirees get an annual cost-of-living adjustment based on the consumer price index.’
    • ‘The Central Statistics Office translates this figure into €115.01 for this year, adjusted in line with the consumer price index.’
    • ‘Right now, benefits are set by a complex formula when a person first retires, and then are adjusted for inflation using the consumer price index.’
    • ‘A better bet is to predict the price deflator using the consumer price index for non-durable goods.’
    • ‘When adjusted by the consumer price index, gas costs 36% less than it did in 1980.’