Definition: Consumer Price Index (CPI)

Term: Consumer Price Index (CPI)

Definition:CPI measures the change in consumer prices, as determined by the Bureau of Labor Statistics' monthly survey. Many pension and employment contract changes are tied to changes in consumer prices. This protects employees against inflation and reduced purchasing power.

To find keyword content within a course, select the course link below.

Course	Page Number
04 - Organization Salary Determinations	17
78 - Salary Increase Planning	10
83 - Designing a Geographic Salary Structure	5

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Consumer Price Index (CPI)