What is CONSUMER PRICE INDEX (CPI)?

The changes in currency inflation. The current prices are listed compared to the previous year’s rates. It shows how inflation affects the currency market. AKA cost of living index. Refer to producer price index.

More On This Topic
  1. Is It A Monopoly? Everything You Ever Wanted To Know
  2. How Do Life Insurance Cost Indexes Work?
  3. What Does Fed OASDI/EE Mean on a Paycheck?
  4. How To Calculate The Herfindahl Hirschman Index
  5. Marijuana: Recreational, Grow, & Medical Laws By State 2020
  6. Five Things to Know About Proving a Product Liability Claim
  7. Privacy Laws: Why It Matters, What To Do, & Important FAQs
  8. Important 2018 Law Changes You Should Know
  9. Living Will – The Pros & Cons You Need to Know
  10. Brexit Explained For Those Who Don’t Live In The UK

Related Legal Terms
Secured Transactions, Admin Law Keyed to Rogers & Krotoszynski, Patent Law, Contracts I, Trademark Law, Evidence 2, Labor Law, Comparative Constitutional Law, Constitutional Law, Property Law


Link to This Definition
Did you find this definition of CONSUMER PRICE INDEX (CPI) helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary