Definition of CPI
n.
1.
the
consumer price index
,
an
index
of
the
cost
of
all
goods
and
services
to
a
typical
consumer
.
The
increase
of
this
value
each
year
is
one
measure
of
monetary
inflation
.
Related Words
consumer
price
index
,
cost-of-living
index
,
price
index
,
price
level
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