Economics GCSE
Consumer Prices Index
What Consumer Prices Index means in Economics GCSE, as defined for AQA.
Definition of Consumer Prices Index
Check what you remember
Read the wording for your board, then hide it and explain Consumer Prices Index in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
The main measure of inflation in the UK, calculated by tracking the prices of a basket of goods and services that represents the spending habits of a typical household.
Topics that use Consumer Prices Index
- Inflation and price stability (AQA GCSE)
Related terms
- Aggregate demand
- Consumer Price Index (CPI)
- Cost-push inflation
- Demand-pull inflation
- Fiscal policy
- Index numbers
- Inflation
- International competitiveness
Using Consumer Prices Index in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Economics questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Economics GCSE termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge