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What is the 'Consumer Confidence Index - CCI' An index by the Conference Board that measures how optimistic or pessimistic consumers are with respect to the economy in the near future. The idea behind the Consumer Confidence Index (CCI) is that if consumers are optimistic, they tend to purchase more goods and services. This increase in spending inevitably stimulates the whole economy. BREAKING DOWN 'Consumer Confidence Index - CCI' The index is put out the last Tuesday of every month.
Consumer Price Index (CPI) An economic indicator that measures the rate of inflation by tracking the cost of a fixed market basket of goods and services for urban consumers. The consumer price Index is reported as a total number and as the core CPI, which excludes the highly Volatile food and energy prices. CPI is used as the basis for benefit adjustments in government entitlement programs, such as social security, and for cost of living allowances (COLAS) for private-sector organizations.