/ English Dictionary |
COST-OF-LIVING INDEX
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
An index of the cost of all goods and services to a typical consumer
Synonyms:
consumer price index; cost-of-living index; CPI
Classified under:
Nouns denoting communicative processes and contents
Hypernyms ("cost-of-living index" is a kind of...):
price index; price level (an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time)