(the) Consumer Prices Index
- (the) Consumer Prices Index
-
The CPI is calculated by looking at the average price of a range of things which an average person might buy each month and shows general movements in prices. In the US it is used as the basis for changes in social security benefit payments. In the UK it is the name used for the Harmonized Index of Consumer Prices, the index used in all countries of the ↑
EU so that inflation rates of member states can be compared. The CPI is used by the ↑
Treasury for the inflation target each year but social security benefits in Britain are increased on the basis of the older
Retail Price Index.
Useful english dictionary.
2012.
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(the) consumer price index — the consumer price index UK US noun american the retail price index http://www.macmillandictionary.com/med2cd/weblinks/consumer price index.htm Thesaurus: prices and costssynonym types of prices and describing prices and costshyponym * * * the … Useful english dictionary
the consumer price index — US : a list of prices of goods and services that shows how much prices have changed in a given period of time abbr. CPI ; called also (Brit) retail price index • • • Main Entry: ↑consumer price index … Useful english dictionary
Consumer Prices Index — (CPI) United Kingdom One of two consumer price indices used as the domestic measure of inflation in the UK (see also Retail Prices Index (RPI)). The CPI is published by the Office for National Statistics. It measures the average change from month … Law dictionary
consumer prices index — conˌsumer ˈprice index [consumer price index] (BrE also conˌsumer ˈprices index) noun singular (abbr. CPI) … Useful english dictionary
Consumer Confidence Index — The U.S. Consumer Confidence Index (CCI) is an indicator designed to measure consumer confidence, which is defined as the degree of optimism on the state of the economy that consumers are expressing through their activities of savings and… … Wikipedia
Consumer report index — The Consumer Report Index contains the complete text of all articles and product recalls in the 12 past months of product prices and articles. Published by the nonprofit Consumers Union, Consumer Reports is the preeminent product test and… … Wikipedia
Consumer price index — CPI redirects here. For other uses, see CPI (disambiguation). A consumer price index (CPI) measures changes in the price level of consumer goods and services purchased by households. The CPI, in the United States is defined by the Bureau of Labor … Wikipedia
Consumer price index by country — Contents 1 Argentina 2 Australia 3 Belgium 4 Canada … Wikipedia
Consumer Price Index (United Kingdom) — For other uses, see Consumer price index. CPI, 1988 to present, 2005=100 … Wikipedia
consumer price index — an index of the changes in the cost of goods and services to a typical consumer, based on the costs of the same goods and services at a base period. Abbr.: CPI Also called cost of living index. [1945 50] * * * ▪ economics Introduction… … Universalium
