Definition for : Consumer Price Index

"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).
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