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Term

Consumer price index

The consumer price index (CPI) is a scale for the development of consumer price levels and inflation in Austria respectively. This means that it shows the extent of the loss in monetary value that hits the final consumer. In the real estate industry, the CPI is used to ensure the value stability of money sums (rent). The basis for the CPI is a shopping basket, that is, a representative selection of goods and services bought by the average household in Austria.