Consumer prices

Consumer prices

What people are usually thinking of when they worry about inflation. The prices paid by whoever finally consumes goods or services, as opposed to prices paid by firms at various stages of the production process (see, for example, factory prices).

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Part of Speech: noun
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Industry/Domain: Economy
Category: Economics
Company: The Economist
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Related terms

consumer prices

Economy; Economics

What people are usually thinking of when they worry about inflation. The prices paid by whoever finally consumes goods or services, as opposed to prices paid by firms at various ...

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An index that measures price performance in Switzerland, showing the extent to which the cost of living has become more or less expensive as a result of price changes but not of ...

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An index that measures the prices of consumer goods in a country, based on a basket of goods intended to replicate the purchasing habits of a typical consumer. The percentage ...

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Economy; International economics

A price index for the goods purchased by consumers in an economy, usually based on only a small sample of what they consume. Commonly used to measure inflation. Contrasts with the ...

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A measure of the overall cost of the goods and services bought by a typical consumer.

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The Bureau of Labor Statistics’ general measure of retail prices (for goods and services) paid by urban wage earners and clerical workers. Includes prices of about 400 items, ...

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