Copyright © Philip M. Parker, INSEAD. Terms of Use.
Definition: Consumer Price Index |
Consumer Price IndexNoun1. An index of the cost of all goods and services to a typical consumer. Source: WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved. |
| Domain | Definition |
Agriculture | The Bureau of Labor Statistics' general measure of retail prices (for goods and services) paid by urban wage earners and clerical workers. Includes prices of about 400 items, including food, clothing, housing, medical care, and transportation. The CPI-U is commonly used to deflate time series data and is the most widely accepted measure of inflation. (CPI-U). (references) |
Finance | A monthly measure of changes in the prices of goods and services consumed. The index is compiled by the U.S. Bureau of Labor Statistics. (references) |
Statistics | One of the most commonly used measures of inflation. This index measures the change in prices paid by consumers in different urban areas for an average "market basket" of hundreds of goods and services, such as food and clothing. This sampling is supposed to represent everything that the average consumer purchases for day-to-day living. The index also takes into consideration the number of these goods consumed annually and their prices. CPI figures are compared against a base period to measure how much the cost of living has changed since then. A steady percentage increase in the CPI indicates a rising rate of inflation and the erosion of the average consumer's purchasing power. Source: European Union. (references) |
Source: compiled by the editor from various references; see credits. | |
Synonym: Consumer Price IndexSynonym: cost-of-living index (n). (additional references) |
Crosswords: Consumer Price Index |
| English words defined with "consumer price index": cost-of-living allowance. (references) |
| Specialty definitions using "consumer price index": all items excl.indirect taxes ♦ cost of living index, CPPS ♦ index of prices for cost of living ♦ living index ♦ Market basket ♦ Producer Price Index/PPI ♦ Relative importance ♦ Thrifty Food Plan. (references) |
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Source: compiled by the editor from various references; see credits. | |||
| Subject | Topic | Quote |
Economic History | Vietnam | Food is heavily weighted in Vietnam's consumer price index (CPI). (references) |
Spain | Independent analysts forecast a consumer price index of 2.8 percent in 2001. (references) | |
Malaysia | Inflation, as measured by the consumer price index (CPI), has remained subdued. (references) | |
Political Economy | FINLAND | The consumer price index is expected to rise by an average of 2.7 percent in 2001. (references) |
SPAIN | The minimum wage is revised every year in accordance with the consumer price index. (references) | |
COSTA RICA | The colon-to-dollar exchange rate rose 6.7 percent during 2000, while the consumer price index (CPI) changed 10.3 percent. (references) | |
Worker Rights | Nauru | Employers determine wages for foreign contract workers based on market conditions and the consumer price index. (references) |
Spain | Each year the Government revises its minimum wage for workers over age 18, in line with the consumer price index. (references) | |
Source: compiled by the editor from ICON Group International, Inc.; see credits. | ||
| The following statistics estimate the number of searches per day across the major English-language search engines as identified by various trade publications. Hyperlinks lead to commercial use of the expression at Amazon.com. |
| Language | Translations for "consumer price index"; alternative meanings/domain in parentheses. | ||||||||||||||||
Dutch | consumptieprijsindex, Indexcijfer van de kosten van levensonderhoud (cost of living index, index of prices for cost of living, living index). (various references) | ||||||||||||||||
French | IPC, indice des prix Ć la consommation. (various references) | ||||||||||||||||
German | Verbraucherpreisindizes. (various references) | ||||||||||||||||
Hungarian | fogyasztĆ³i Ć”rindex (cpi). (various references) | ||||||||||||||||
Japanese Kanji | ć·ć¼ć½ć¼éć³ (CD, CD-ROM, ceiling, ceiling lamp, centralized traffic control, coelacanth, compact disk, computerized typesetting system, consumer price survey, CPI, CPS, CTC, CTS, fielding practice, maximum amount to allot for a budget, Sea Beam, sea berth, Sea Chicken, sea utopia, seafood, seahorse, Sealab, seamless, seat, seat belt, seat cover, seat warmer, seed, seesaw, series, sheet, sheet feeder, sheet pile, skiers' greeting meaning "Good skiing!"). (various references) | ||||||||||||||||
Japanese Katakana | ć·ć¼ć"ć¼ć¢ć¤ (CPI). (various references) | ||||||||||||||||
Pig Latin | onsumercay icepray indexay IPC, Ćndice de preƧos ao consumidor (cost of living index), Ćndice de PreƧos ao Consumidor. (various references) IPC, Indice de Precios al Consumo, Ćndice de precios al consumo. (various references) | ||||||||||||||||
Scrabble® YAWL-Verified Anagrams | |
| Words within the letters "c-c-d-e-e-e-i-i-m-n-n-o-p-r-r-s-u-x" | |
-5 letters: unrecompensed. | |
| Source: compiled by the editor from various references; see credits. SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro. | |
| 1. Definition 2. Synonyms 3. Crosswords 4. Usage: Commercial | 5. Quotations: Non-fiction 6. Expressions: Internet 7. Translations: Modern 8. Anagrams | 9. Bibliography |
Copyright © Philip M. Parker, INSEAD. Terms of Use.
