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CPI |
Also found in: Dictionary/thesaurus, Legal, Financial, Acronyms, Wikipedia, Hutchinson | 0.01 sec. |
consumer price index (CPI)Measure of living costs based on changes in retail prices. Consumer price indexes are widely used to measure changes in the cost of maintaining a given standard of living. The goods and services commonly purchased by the population covered are priced periodically, and their prices are combined in proportion to their relative importance. This set of prices is compared with the initial set of prices collected in the base year to determine the percentage increase or decrease. The population covered may be restricted to wage and salary earners or to city dwellers, and special indexes may be used for special population groups (e.g., retirees). Such indexes do not take into account shifts over time in what the population buys; when modified to take subjective preferences into account, they are called constant-utility indexes. Consumer price indexes are available for more than 100 countries. cpi(1) (Characters Per Inch) The measurement of the density of characters per inch on tape or paper. A printer's CPI button switches character pitch.
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WITH little fanfare, the Bureau of Labor Statistics introduced an alternative consumer price index, along with the old CPI we have come to know and love. In announcing the decision Thursday, the agency estimated that the experimental index could reduce the CPI by as much as 0. As in GMT sheet (such as Azdel from GE Plastics or Exxon's Taffen), polypropylene is the resin currently used in the CPI process. |
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