Consumer Price Index

Consumer Price Index (CPI)
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.
Consumer Price Index (CPI)
The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.
Consumer Price Index (CPI)
The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. It is a critical indicator used to understand inflation and the cost of living.
Cost-of-Living Index
The Cost-of-Living Index is a tool that measures the relative cost of living over time or between different locations. It is typically used to compare the expense required to maintain a certain standard of living across various cities or countries.
Current Cost
Current cost refers to a cost calculated to take into account current circumstances of cost and performance levels. It represents the amount required at current prices to purchase or manufacture an asset, possibly adjusted for inflation.
Current Dollars
Current dollars refer to the cost of an asset in terms of today’s price level, adjusted for inflation. For example, if today the Consumer Price Index (CPI) is 180, an automobile that cost $20,000 when the CPI base was 100 would cost $36,000 in current dollars.
General Price Level
The General Price Level is an index that provides a measure of the purchasing power of money. It is used to gauge inflation or deflation in an economy.
Index Lease
An index lease is a rental agreement that mandates adjustments in rent based on a published record of cost changes, typically tied to an economic indicator like the Consumer Price Index (CPI).
Indexed Life Insurance
Indexed life insurance is a type of policy whose face value varies according to a prescribed index of prices, providing a death benefit that adjusts based on indices like the Consumer Price Index (CPI).
Indexing
Indexing refers to the method of adjusting various economic interests—such as wages, taxes, and investment portfolios—based on the performance of a specific index, like the S&P 500 or the Consumer Price Index (CPI).
Inflation
A general increase in prices in an economy, leading to a consequent fall in the purchasing value of money.
Inflation Rate
The inflation rate represents the rate of change in prices over a given period. Two primary U.S. indicators of the inflation rate are the Consumer Price Index (CPI) and the Producer Price Index (PPI), which track changes in prices paid by consumers and producers, respectively.
Personal Consumption Expenditures Price Index (PCEPI)
The Personal Consumption Expenditures Price Index (PCEPI) is a U.S. economic indicator that measures the average increase in prices for all domestic personal consumption. This index is based on data from sources such as the Consumer Price Index and Producer Price Index, and it is indexed to a base value of 100 in 2005.
Price Level
Price level refers to the average of current prices across the entire spectrum of goods and services produced in the economy. It is often utilized as a gauge to measure inflation or deflation by comparing it to previous time periods.
Purchasing Power of the Dollar
The 'purchasing power of the dollar' refers to the amount of goods and services that one dollar can buy in a particular market and time, compared to prior periods. This measurement considers inflation or deflation using an index of consumer prices.
Rate of Inflation
The rate of inflation measures the percentage change in the price level of goods and services over a period, indicating how much prices have increased or decreased, reflecting the economy's health.
Reopener Clause
A reopener clause is a contractual provision that allows for the renegotiation of specific terms in a collective bargaining agreement before its expiration under certain conditions.
Treasury Inflation-Protected Securities (TIPS)
Treasury Inflation-Protected Securities (TIPS) are U.S. Treasury securities designed to help investors protect against inflation. The principal of TIPS increases with inflation and decreases with deflation, as measured by the Consumer Price Index (CPI).
Treasury Inflation-Protected Securities (TIPS)
Treasury Inflation-Protected Securities (TIPS) are a type of inflation-indexed treasury bonds that adjust their principal value based on the Consumer Price Index (CPI). TIPS offer protection against inflation while providing a lower interest rate.

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