Quantcast
Merriam-Webster Logo
  • Dictionary
  • Thesaurus
  • Medical
  • Scrabble
  • Spanish Central
  • Learner's Dictionary

price index

noun

Definition of price index

  1. :  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



1886

First Known Use of price index

1886


Learn More about price index


Seen and Heard

What made you want to look up price index? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

February 13, 2016

a trying or distressing experience

Get Word of the Day daily email!

WORD GAMES

Take a 3-minute break and test your skills!

image33683556

How much does a batman (the Turkish unit of measurement) weigh?

16.96 pounds 196.5 pounds 100 pounds 2.2 pounds
Name That Thing

10 quick questions: hear them, spell them, and see how your skills compare to the crowd.

TAKE THE QUIZ
SCRABBLE® Sprint

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ