Definition: A measurement of average price changes of goods and services during a base period.
Pronunciation: \kən-ˈsü-mər\ \ˈprīs\ \ˈin-ˌdeks\
Used in a Sentence: The Consumer Price Index is used to determine the rate of inflation.
Definition: A measurement of average price changes of goods and services during a base period.
Pronunciation: \kən-ˈsü-mər\ \ˈprīs\ \ˈin-ˌdeks\
Used in a Sentence: The Consumer Price Index is used to determine the rate of inflation.