Consumer price Index (CPI)

Posted in Finance, Accounting and Economics Terms, Total Reads: 1556

Definition: Consumer price Index (CPI)

It is metric used to measure the changes in the purchase value of a fixed basket of goods (like housing, food and other items) or services for a country or a region. It is usually calculate don a monthly basis and is an inflation/deflation indicator. A rising CPI indicates inflation. It therefore also provides a fair idea about the cost of living in the region.

Browse the definition and meaning of more terms similar to Consumer price Index (CPI). The Management Dictionary covers over 7000 business concepts from 6 categories.

Search & Explore : Management Dictionary

Share this Page on:
Facebook ShareTweetShare on G+Share on Linkedin