Synonyms for
Cpi
Definition
CPI stands for 'Consumer Price Index,' which is a measure of the average price of goods and services purchased by households.
Synonyms & similar words
Common collocations
- consumer price index
- core cpi
- cpi data
- cpi inflation
- cpi report
- monthly cpi
- annual cpi
Word family
noun consumer price index
Usage note
CPI is an acronym for Consumer Price Index, a measure of inflation. It is primarily used in economic contexts and rarely as a standalone word.
Example sentences
- The CPI rose 2.6% last year, indicating an increase in the cost of living.
- The CPI is used by economists to measure inflation.
- The CPI for this month showed a slight increase in the prices of goods and services.
- The CPI is an important tool for policymakers to make decisions about interest rates and economic growth.
- The CPI is calculated by tracking the prices of a basket of goods and services over time.
Quotes
The CPI is a statistical approximation that measures how much the average citizen has to pay for goods and services.
The CPI is a basic tool for monitoring the inflation rate.
The CPI is a measure of the price level of goods and services consumed by households.