Term
| consumer price index (CPI) |
|
Definition
| A measure of the overall cost of the goods and services bought by a typical consumer. |
|
|
Term
|
Definition
| The percentage change in the price index from the preceding period. |
|
|
Term
|
Definition
| A measure of the cost of a basket of goods and services bought by firms. |
|
|
Term
|
Definition
| The automatic correction by law or contract of a dollar amount for the effects of inflation. |
|
|
Term
|
Definition
| The interest rate as usually reported without a correction for the effects of inflation. |
|
|
Term
|
Definition
| The interest rate corrected for the effects of inflation. |
|
|
