consumer prices
What shoppers pay
Consumer prices are the retail costs of goods and services as paid by ordinary buyers rather than businesses or governments.
The consumer price index (CPI) tracks changes in these prices over time, serving as the primary measure of inflation: Consumer prices rose 3.2% last year.
News reports on consumer prices typically signal whether everyday costs—groceries, gas, rent—are rising or falling.
- affordabilityState of being purchasable
- cheapLow in price
- tight budgetSeverely limited funds
- inflationSustained price level increase
- cost of livingPrice of basic necessities
commodities · CPI · spending habits · supply and demand · trade tariffs · fiscal policy · housing affordability · interest rates · price index · price controls · monetary policy · wallet · budgeting · cost cutting · subsidies · rent · groceries · grocery bill
- living costsprice index, utility bills, healthcare costs, monthly expenses, living expenses
- economic dataGDP, CPI, PPI, inflation rates, inflation rate
- FedFederal Reserve, FOMC, monetary policy, interest rates, rate cut
- wageswage, salary, pay, paycheck, income
- statisticsmean, median, mode, variance, standard deviation