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Consumer Price Index |
Also found in: Dictionary/thesaurus, Financial, Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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A computation made and issued monthly by the Bureau of Labor Statistics of the federal Labor Department that attempts to track the price level of designated goods and services purchased by the average consumer. The consumer price index (CPI) is an indicator of the rate of inflation in the economy because it measures changes in the cost of maintaining a particular standard of living. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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WITH little fanfare, the Bureau of Labor Statistics introduced an alternative consumer price index, along with the old CPI we have come to know and love. In announcing the decision Thursday, the agency estimated that the experimental index could reduce the CPI by as much as 0. As in GMT sheet (such as Azdel from GE Plastics or Exxon's Taffen), polypropylene is the resin currently used in the CPI process. |
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