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

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The producer price index actually fell in August. Tiana Lowe Doescher, The Washington Examiner, 12 Sep. 2025 Yesterday, the Bureau of Labor Statistics shared the latest update to the producer price index (PPI), which often acts as a precursor to wider inflation trends. Eleanor Pringle, Fortune, 11 Sep. 2025 Bond yields were down slightly after the August producer price index surprisingly declined from July. Jeff Marks, CNBC, 10 Sep. 2025 Analysts say the producer price index and the consumer price index appeared to show conflicting signals in July about inflation. Susan Tompor, USA Today, 9 Sep. 2025 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 15 Sep. 2025.

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