consumer price index Antonyms
No Synonyms and anytonyms found
Meaning of consumer price index
Wordnet
consumer price index (n)
an index of the cost of all goods and services to a typical consumer
consumer price index Sentence Examples
- The consumer price index, or CPI, measures changes in the cost of living over time.
- Economists use the consumer price index as a key indicator of inflation.
- The government releases monthly reports on the consumer price index to track changes in consumer prices.
- Rising consumer prices, as indicated by the consumer price index, can erode purchasing power and reduce the standard of living.
- The consumer price index takes into account the prices of various goods and services commonly purchased by households.
- The Federal Reserve closely monitors the consumer price index when making decisions about monetary policy.
- Fluctuations in the consumer price index can influence interest rates and government spending.
- Economists analyze the components of the consumer price index to identify trends and patterns in consumer spending.
- The consumer price index helps policymakers and businesses anticipate future economic conditions.
- Social security benefits and other government payments may be adjusted periodically based on changes in the consumer price index.
FAQs About the word consumer price index
an index of the cost of all goods and services to a typical consumer
No synonyms found.
No antonyms found.
The consumer price index, or CPI, measures changes in the cost of living over time.
Economists use the consumer price index as a key indicator of inflation.
The government releases monthly reports on the consumer price index to track changes in consumer prices.
Rising consumer prices, as indicated by the consumer price index, can erode purchasing power and reduce the standard of living.