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 Commerce Department is expected to report Friday that the personal consumption expenditures price index, the Fed’s preferred inflation gauge, ticked higher in November to 2.5%, or 2.9% on the core reading that excludes food and energy.
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Jeff Cox, CNBC, 17 Dec. 2024
Despite coming after the Fed’s December meeting, the PCE price index is the inflation metric that FOMC tends to pay most attention to.
—Simon Moore, Forbes, 17 Dec. 2024
With the three inflation reports in hand, economists' estimates for the PCE price index for November, excluding the volatile food and energy components, converged around a 0.1% gain.
—Lucia Mutikani, USA TODAY, 13 Dec. 2024
The leading government measure has been a rent cap mechanism that the central government has offered to regional authorities based on a price index established by the housing ministry.
—Joseph Wilson and Hernán Muñoz, Los Angeles Times, 23 Nov. 2024
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Jeff Cox, CNBC, 17 Dec. 2024
Despite coming after the Fed’s December meeting, the PCE price index is the inflation metric that FOMC tends to pay most attention to.
—Simon Moore, Forbes, 17 Dec. 2024
With the three inflation reports in hand, economists' estimates for the PCE price index for November, excluding the volatile food and energy components, converged around a 0.1% gain.
—Lucia Mutikani, USA TODAY, 13 Dec. 2024
The leading government measure has been a rent cap mechanism that the central government has offered to regional authorities based on a price index established by the housing ministry.
—Joseph Wilson and Hernán Muñoz, Los Angeles Times, 23 Nov. 2024
See all Example Sentences for price index
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“Price index.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20index. Accessed 22 Dec. 2024.
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