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
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This morning, the producer price index, the latest read on inflation, came in higher than expected for December. Jim Cramer, CNBC, 30 Jan. 2026 In the same time, the consumer price index for renters in the region rose 80%, and the housing price index jumped 140%, according to a Dallas Morning News analysis of federal housing data. Alison Saldanha, Dallas Morning News, 29 Jan. 2026 The Fed, and Wall Street, will get another update on inflation on Thursday, when the government releases the personal consumption expenditures price index, or PCE. Damian J. Troise, Los Angeles Times, 20 Jan. 2026 Also, humans tend to look at their checkbook balances as their price index. Jonathan Lansner, Oc Register, 15 Jan. 2026 See All Example Sentences for price index

Word History

First Known Use

1886, in the meaning defined above

Time Traveler
The first known use of price index was in 1886

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Cite this Entry

“Price index.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20index. Accessed 3 Feb. 2026.

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