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.

References in periodicals archive ?
Norway's core inflation, or the consumer price index adjusted for changes in real taxes and energy prices, slowed to 2.
Meanwhile, the Consumer Price Index for Southern California, which includes Los Angeles, Orange, Riverside, San Bernardino and Ventura counties, now stands at 169.
Despite those findings, the owners eventually agreed to limit rent increases to 2 percent or the Consumer Price Index.
Currently, the city ordinance allows park owners to raise rents by 4 percent each year, or by the Consumer Price Index, whichever is higher.
Earlier discussions of adjusting the Consumer Price Index, which affects Social Security benefits and tax brackets, were shelved.
Among the conditions was a hold on domestic spending, ``meaningful'' tax relief and no adjustment to the Consumer Price Index.
The Bureau of Labor Statistics will begin publishing April 22 an experimental price gauge aimed at correcting one of the bias problems highlighted in the Consumer Price Index.

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