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What is another word for consumer price index?

Pronunciation: [kənsˈuːmə pɹˈa͡ɪs ˈɪndɛks] (IPA)

The Consumer Price Index (CPI) is a widely-used measure for gauging inflation rates based on the prices of a basket of goods and services. However, there are several synonyms for the term CPI that convey the same meaning. Some common examples include the Cost of Living Index (COLI), the Harmonized Index of Consumer Prices (HICP), and the Retail Price Index (RPI). All of these synonyms are used to measure changes to the cost of living over time. The CPI, COLI, HICP, and RPI are crucial tools used by governments, central banks, and financial institutions to monitor economic trends and adjust policy accordingly.
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Synonyms for Consumer price index:

What are the hypernyms for Consumer price index?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • Other hypernyms:

    economic indicator, economic statistic, economic measure, market indicator, Macroeconomic Indicator.

What are the hyponyms for Consumer price index?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Famous quotes with Consumer price index

  • We have been restraining the growth of the cost of education-that is, tuition, room and board-to be within approximately one and a half percentage points of the consumer price index.
    Charles Vest

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