CPI in Economic Meaning
The CPI meaning in Economic terms is "Consumer Price Index". There are 1 related meanings of the CPI Economic abbreviation.
CPI on Economic Full Forms
- Consumer Price Index The consumer price index (CPI) is a measure of the overall price level paid by consumers for the various goods and services they purchase. Retail price information is gathered on each type of product, and then weighted according to its importance in overall consumer spending, to construct the CPI. Monthly or annual changes in the CPI provide a good measure of the rate of consumer price inflation.
Frequently Asked Questions (FAQ)
What does CPI stand for Economic?
CPI stands for Consumer Price Index in Economic terms.
What is the shortened form of Consumer Price Index in Economic?
The short form of "Consumer Price Index" is CPI for Economic.
Citation
CPI in Economic. Acronym24.com. (2021, December 14). Retrieved May 4, 2024 from https://acronym24.com/cpi-meaning-in-economic/
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