Jan 06 , 2016

Tampa School of Real Estate

Consumer Price Index (cpi)

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.

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