Meaning of CONSUMER PRICE INDEX (CPI) in English


A measure of the average amount (price) paid for a market basket of goods and services by a typical U.S. consumer in comparison to the average paid for the same basket in an earlier base year. a price index in which the basket of goods is defined by what a typical consumer purchases

Environmental economics English glossary.      Английский глоссарий экономики окружающей среды.