consumer price index

US /ˌkɑːnˈsuː.mər ˌpraɪs ˈɪn.deks/
UK /ˌkɑːnˈsuː.mər ˌpraɪs ˈɪn.deks/
"consumer price index" picture
1.

Consumentenprijsindex

a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.

:
The government announced that the Consumer Price Index rose by 0.5% last month, indicating inflation.
De regering kondigde aan dat de Consumentenprijsindex vorige maand met 0,5% steeg, wat duidt op inflatie.
Economists closely monitor the Consumer Price Index to gauge the cost of living.
Economen volgen de Consumentenprijsindex nauwlettend om de kosten van levensonderhoud te meten.