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2 definitions found
 for consumer price index
From The Collaborative International Dictionary of English v.0.48 :

  consumer price index \consumer price index\ n.
     An index of the cost of all goods and services to a typical
     consumer, calculated and published by the United States
     Bureau of Labor Statistics; abbreviated CPI, and usually
     referred to by that acronym. The Bureau maintains several
     indices for different groups of consumers, but the most
     commonly referred to is the index for "All urban consumers",
     called the CPI-U. The increase of this value each year is
     one measure of monetary inflation.
  
     Syn: CPI, cost-of-living index.
          [WordNet 1.5]
  
     Note: For a table of values from the Bureau of Labor
           Statistics of the CPI over time, see CPI-U from 1913 to
           1998.
           [PJC]

From WordNet (r) 3.0 (2006) :

  consumer price index
      n 1: an index of the cost of all goods and services to a typical
           consumer [syn: consumer price index, CPI, cost-of-
           living index]

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