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Entry 1 sense Webster, 1913

CPI

· IPA
01 n. the consumer price index, an index of the cost of all goods and services to a typical consumer. The increase of this value each year is on…
  1. 1.
    the consumer price index, an index of the cost of all goods and services to a typical consumer. The increase of this value each year is one measure of monetary inflation.[acronym] See: consumer price index
Syn. consumer price index, cost-of-living index.