word
Consumer Price Index
kon-SYOO-mer prys IN-deks
/kənˈsjuːmər praɪs ˈɪndɛks/Listen
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Syllable breakdown
consumerpriceindex
Dictionary meaning
Measure of average price changes for a basket of consumer goods and services — the primary inflation indicator in most countries; tracks housing, food, transport, healthcare, and recreation; central banks target 2% CPI growth annually
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