price index
noun
: an index number expressing the level of a group of commodity prices relative to the level of the prices of the same commodities during an arbitrarily chosen base period and used to indicate changes in the level of prices from one period to another
Examples of price index in a Sentence
Recent Examples on the Web
Inflation measured by the Fed’s preferred gauge, the Personal Consumption Expenditures price index, is a percentage point lower than CPI.
—
Elisabeth Buchwald, CNN, 10 Apr. 2024
Home prices rose 6 percent in January from the same month a year ago, according to the Case-Shiller home price index, and many potential buyers worry that prices will continue to soar, hampering their ability to afford a home later.
—Gregory Schmidt, New York Times, 6 Apr. 2024
Investors were encouraged to hear that the Personal Consumption Expenditures (PCE) price index grew only 0.3% in recent weeks, suggesting the Fed might cut rates in the coming months.
—Vinamrata Chaturvedi, Quartz, 1 Apr. 2024
The Federal Reserve's preferred measure of inflation, the Personal Consumption Expenditure price index, fell as expected in January, allaying fears of a fresh acceleration.
—Detroit Free Press, 2 Mar. 2024
Inflation—as measured by the central bank’s favorite gauge, the core personal consumption expenditures (PCE) price index—jumped 0.4% last month, and 2.8% from a year ago, the Bureau of Economic Analysis reported Thursday.
—Will Daniel, Fortune, 29 Feb. 2024
Reason: Inflation is trending down, and the body’s preferred inflation measure, the core personal consumption expenditures price index (which omits volatile food and energy components), just announced for January, rose 2.8% annually, matching expectations.
—Larry Light, Forbes, 29 Feb. 2024
The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures price index, was up 2.5% for the 12 months that ended in February, a faster pace than January’s 2.4% rise in prices.
—Nicole Goodkind, CNN, 1 Apr. 2024
An inflation indicator closely watched by the Federal Reserve, the personal consumption expenditures price index, rose 2.8% year-over-year (excluding food and energy), and inched up 0.3% from a month prior, in line with the central bank’s expectations.
—Rocio Fabbro, Quartz, 29 Mar. 2024
Elisabeth Buchwald, CNN, 10 Apr. 2024
Home prices rose 6 percent in January from the same month a year ago, according to the Case-Shiller home price index, and many potential buyers worry that prices will continue to soar, hampering their ability to afford a home later.
—Gregory Schmidt, New York Times, 6 Apr. 2024
Investors were encouraged to hear that the Personal Consumption Expenditures (PCE) price index grew only 0.3% in recent weeks, suggesting the Fed might cut rates in the coming months.
—Vinamrata Chaturvedi, Quartz, 1 Apr. 2024
The Federal Reserve's preferred measure of inflation, the Personal Consumption Expenditure price index, fell as expected in January, allaying fears of a fresh acceleration.
—Detroit Free Press, 2 Mar. 2024
Inflation—as measured by the central bank’s favorite gauge, the core personal consumption expenditures (PCE) price index—jumped 0.4% last month, and 2.8% from a year ago, the Bureau of Economic Analysis reported Thursday.
—Will Daniel, Fortune, 29 Feb. 2024
Reason: Inflation is trending down, and the body’s preferred inflation measure, the core personal consumption expenditures price index (which omits volatile food and energy components), just announced for January, rose 2.8% annually, matching expectations.
—Larry Light, Forbes, 29 Feb. 2024
The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures price index, was up 2.5% for the 12 months that ended in February, a faster pace than January’s 2.4% rise in prices.
—Nicole Goodkind, CNN, 1 Apr. 2024
An inflation indicator closely watched by the Federal Reserve, the personal consumption expenditures price index, rose 2.8% year-over-year (excluding food and energy), and inched up 0.3% from a month prior, in line with the central bank’s expectations.
—Rocio Fabbro, Quartz, 29 Mar. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'price index.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Price index.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20index. Accessed 23 Apr. 2024.
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