Definition of consumer price index in English:

consumer price index


  • (in the US) an index of the variation in prices for retail goods and other items.

    • ‘By contrast, salary increases for the same period in 2001 increased by 2.4 per cent against the consumer price index.’
    • ‘Gas and fuel prices have had a sizable impact on the consumer price index.’
    • ‘A better bet is to predict the price deflator using the consumer price index for non-durable goods.’
    • ‘Salary increases for the same period last year averaged 8 per cent against the consumer price index of 5.6 per cent.’
    • ‘The year on year inflation rate for the composite consumer price index declined to 22.2 per cent for May 2001.’
    • ‘Because of higher oil prices, the total consumer price index rose 0.6% in March from February.’
    • ‘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.’
    • ‘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.’
    • ‘For comparison, Labor notes medical prices rose by about 50% as measured in the consumer price index.’
    • ‘It also announced a new mechanism that appeared to link the licence fee to the consumer price index.’
    • ‘The second column in the table shows the rental index from the consumer price index.’
    • ‘When adjusted by the consumer price index, gas costs 36% less than it did in 1980.’
    • ‘In the present U.S. system, benefits after retirement are indexed to the consumer price index.’
    • ‘But the Fed also reacts to recent inflation as gauged by the consumer price index.’
    • ‘Another likely change: Today's retirees get an annual cost-of-living adjustment based on the consumer price index.’
    • ‘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 recent years, software publishers have hit consumers with a double whammy that very likely escapes 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.’
    • ‘But the principal value is adjusted twice a year to reflect inflation, as measured by increases in the consumer price index.’