Definition for : Consumer Price Index
GLOSSARY LETTER
"CPI" or "Consumer Price Index" is a measure of the Inflation (or occasionally Deflation) in retail prices in a particular country or group of country. For instance, the key Inflation measures tracked by the European Central Bank are the Euro-CPI and the Core Euro-CPI with the later excluding energy and food prices (deemed to be too volatile and too much influenced by factors outside of the Euro-zone).
To know more about it, look at what we have already written on this subject