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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While other home price indexes and surveys measure just existing home values, this one measures both new and existing. Diana Olick, CNBC, 11 Dec. 2025 However, energy and food prices can be quite volatile (and influenced by one-time factors), so the Fed also closely watches the core PCE price index, which excludes food and energy, as a way to gauge underlying inflation trends. Alicia Wallace, CNN Money, 5 Dec. 2025 Another postponed government report published Tuesday, the producer price index, showed a relatively modest pickup in wholesale inflation in September, excluding volatile energy and food costs. Molly Smith, Fortune, 25 Nov. 2025 Other data due this week include the producer price index and durable goods orders for September. Bloomberg, Mercury News, 24 Nov. 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 17 Dec. 2025.

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