Consumer price refers to the cost or price that individuals pay for goods or services they purchase as consumers. It represents the amount of money someone needs to spend to buy something. Full definition
That's partly because shelter and rent still contribute to most of the core consumer price index. (businessinsider.com)
As a result of this connection, for every 1 % annual increase in in consumer prices since 1992, copper's price jumped almost 18 %. (money.stackexchange.com)
The median expectation of consumer price inflation over the year ahead now stands at 3.5 per cent, compared with levels of well over 4 per cent in the previous couple of years. (rba.gov.au)