The word "cpi" is not standard in written English and may not be well understood without context.
It is typically used in economic discussions to refer to the Consumer Price Index.
Example: "The CPI rose by 2% this year, indicating inflation in consumer prices."
Alternatives: "Consumer Price Index" or "price level indicator."
Over the past three months this index has risen at an annual rate of 3.8%, the fastest in more than a decade.But much of that jump is thanks to a sharp rise in the cost of housing (which makes up almost 40% of core CPI), particularly the category of "owners' equivalent rent" which estimates the cost of living in a house by looking at rents charged on similar properties.
This time, the CPI(M) won nearly 6,000 seats uncontested; the main opposition parties won 20.Another reason why West Bengal's local polls are so bloody is that, unlike in state and national elections, the CPI(M)'s allies contest them separately.
"We haven't bought into the need for material production," says Prakash Karat, the CPI(M)'s national leader and a native of Kerala.For all this, Kerala has been acclaimed by academics, including Amartya Sen, a Nobel-prize-winning economist, as "the most socially advanced state in India", despite the suicides and liquor intake that stem from frustrated ambitions.
After weighing up the various pros and cons, Mr Todd concludes that the CPI is a better guide to inflation.Above all, the Fed's critics emphasise one big difference between America's CPI and that in most other countries: the increasing use of "hedonic" pricing methods to strip out the effects of improvements in the quality of home computers, cars, clothes, televisions and so on.
Shelter suggested five year tenancies with rent rises linked to CPI inflation.
CPI was running at 0.3% in January, and the Bank of England expects it to turn negative in the coming months.
CPI targeting failed spectacularly in the last recession, allowing a deep, long-lasting slump.
"It was possible that the risks to CPI inflation in the medium term might have, if anything, shifted to the upside, but all members were also alert to the downside risk of current low inflation becoming entrenched".
This measure of store prices is narrower than consumer price inflation (CPI), which also includes utility bills, and the cost of services such as haircuts and restaurant meals.
Pensioners will get a £5.30-a-week boost to £107.45 in their basic state pension and work-related benefits will be uprated in line with the unusually high CPI inflation rate of 5.2% recorded in September.
During this three years, annual rent rises could not exceed the rate of inflation as measured by the consumer price index (CPI).
