Consumer Price Index


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Related to Consumer Price Index: producer price index, inflation

Consumer Price Index

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.

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Norway's core inflation, or the consumer price index adjusted for changes in real taxes and energy prices, slowed to 2.

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