Consumer Price Index

a US index showing how prices of consumer goods have risen over a period of time, used as a way of measuring inflation and the cost of living.

Abbreviation CPI
(Note The UK term is retail prices index.)

"...analysis of the consumer price index for the first half of the year shows that the rate of inflation went down by about 12.9 per cent" [Business Times (Lagos)]

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New York Board of Trade (NYBOT)
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