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consumer price index

/kənˌsjuːmə ˈpraɪs ˌɪndeks/noun

उच्चारण कन्स्यूम प्राइस इन्डेक्स

उपभोक्ता मूल्य सूचकांक

Advanced word

nounconsumer price indices or consumer price indexes
  1. 1

    [C, usually singular] economics

    a measure of the changes in the average prices of goods and services that people buy for their everyday needs, such as food, clothing, housing and transport, used to measure inflation

    उपभोक्ता मूल्य सूचकांक

    • The consumer price index rose by five per cent over the year.
    • Pensions are linked to the consumer price index.
§Grammar and usage

Usage: it is usually shortened to CPI.

Usage में इसे आमतौर पर छोटा करके CPI कहा जाता है।

✓In the exam

General knowledge

In India, the all-India consumer price index is compiled by the National Statistics Office under the Ministry of Statistics and Programme Implementation.

भारत में अखिल भारतीय उपभोक्ता मूल्य सूचकांक Ministry of Statistics and Programme Implementation के अंतर्गत National Statistics Office तैयार करता है।

The Reserve Bank of India uses CPI inflation for its inflation target of 4 per cent, with a band of 2 to 6 per cent.

भारतीय रिज़र्व बैंक अपने 4 प्रतिशत के मुद्रास्फीति लक्ष्य के लिए, जिसकी सीमा 2 से 6 प्रतिशत है, CPI मुद्रास्फीति का उपयोग करता है।