What is another word for the consumer price index?

Pronunciation: [ðə kənsˈuːmə pɹˈa͡ɪs ˈɪndɛks] (IPA)

The Consumer Price Index (CPI) is a popular measure of inflation that tracks the prices of a basket of goods and services over time. It is used by policymakers, economists, investors, and consumers alike to understand the cost of living and how it changes over time. Synonyms for the CPI include the cost of living index, inflation rate, consumer inflation index, and price index. Each of these terms highlights a different aspect of the CPI, but they all refer to the same basic idea: tracking the prices of goods and services to measure changes in the overall cost of living.

What are the hypernyms for The consumer price index?

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

    Cost Measure, economic indicator, Macroeconomic Indicator, Price measure.

Famous quotes with The 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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