wholesale price index

noun

Definition of wholesale price index

: an index measuring the change in the aggregate wholesale price of a large number of commodities in the primary market expressed as a percentage of this price in some base period

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Cite this Entry

“Wholesale price index.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/wholesale%20price%20index. Accessed 28 Oct. 2020.

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