Pozzter

Consumer Price Index (definition)

The Bureau of Labor StatisticsÂ’ general measure of retail prices (for goods and services) paid by urban wage earners and clerical workers. Includes prices of about 400 items, including food, clothing, housing, medical care, and transportation. The CPI-U is commonly used to deflate time series data and is the most widely accepted measure of inflation.

Reply
0 votes
↓ advertisement

Keep reading

What does it mean? Run

of Run of Run To move, proceed, advance, pass, go, come, etc., swiftly, smoothly, or with... More >>


What is Set?

of Set To cause to sit; to make to assume a specified position or attitude; to give site or... More >>


What is the meaning of Turn?

To cause to move upon a center, or as if upon a center; to give circular motion to; to cause to... More >>


What is the meaning of Point?

To appoint. That which pricks or pierces; the sharp end of anything, esp. the sharp end of a... More >>


What is the meaning of Pass?

To go; to move; to proceed; to be moved or transferred from one point to another; to make a... More >>


Round (definition)

To whisper. Having every portion of the surface or of the circumference equally distant from... More >>


What does Light mean?

That agent, force, or action in nature by the operation of which upon the organs of sight,... More >>


What is the meaning of Stock?

The stem, or main body, of a tree or plant; the fixed, strong, firm part; the trunk. The... More >>

↓ advertisement