Official Concepts and Definitions for Statistical Purposes

Glossary of Terms

Details for: Consumer Price Index (CPI)

Term Consumer Price Index (CPI)
Definition

Indicator of the change in the average prices of a fixed basket of goods and services commonly purchased by households relative to a base year.

Reference  
Board Resolution

Resolution No. 11 - Series of 2003
approved: 10/13/2003

   

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