| 单词 | the consumer price index (CPI) |
| 释义 | consumer price index (CPI)Definition A measure of changes in the purchasing-power of a currency and the rate of inflation. The consumer price index expresses the current prices of a basket of goods and services in terms of the prices during the same period in a previous year, to show effect of inflation on purchasing power. It is one of the best known lagging indicators. See also producer price index. Use 'consumer price index (CPI)' in a SentenceThough the President is making every effort to convince us that inflation is down, the cold, hard fact is that the consumer price index indicates otherwise. I checked the consumer price index to compare prices of goods and services to what their price was on the previous year. The investors were concerned about getting their money's worth on their latest endeavor, and all of them kept a close eye on the consumer price index as a result. |
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