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Vocabulary Entry
cpi
|noun • verb
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N
noun
The Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services.
Example Sentences
"The CPI will be released next week, and analysts are predicting a rise in inflation."
"Economists use the CPI to assess the cost of living increases over time."
"Increases in the CPI can impact monetary policy decisions."
V
verb
To adjust or modify something based on the Consumer Price Index.
Example Sentences
"The government plans to cpi welfare payments to reflect inflation."
"You may need to cpi your budget if the CPI continues to rise."
"It's essential to cpi salaries annually to keep up with living costs."