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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Tuesday’s producer price index report and Wednesday’s consumer price index reading both eased investor concerns and drove stocks higher after what had been a rocky start to 2025. Brian Evans, CNBC, 16 Jan. 2025 On the macroeconomic front, investors will keep an eye on the key inflation indicators, the consumer price index (CPI) and producer price index (PPI), this week. Vinamrata Chaturvedi, Quartz, 13 Jan. 2025 Waller pointed to smoothly moderating prices in the six-month core personal consumption expenditures (PCE) price index, which fell to a 2.4-percent at an annual rate in November and have been descending over the past year. Tobias Burns, The Hill, 8 Jan. 2025 But prices are still rising too fast relative to the Fed’s target, two percent as measured by the personal consumption expenditures price index excluding food and energy. Bill Conerly, Forbes, 18 Dec. 2024 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

Dictionary Entries Near price index

Cite this Entry

“Price index.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20index. Accessed 22 Jan. 2025.

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