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Glossary Environmental Economics / Term

Consumer Price Index (CPI)

A measure of the average amount (price) paid for a market basket of goods and services by a typical U.S. consumer in comparison to the average paid for the same basket in an earlier base year. A price index in which the basket of goods is defined by what a typical consumer purchases.

Permanent link Consumer Price Index (CPI) - Creation date 2020-04-19


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