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price index
noun
- an index of the changes in the prices of goods and services, based on the prices of the same goods and services at a period arbitrarily selected as a base, usually expressed as 100.
Word History and Origins
Origin of price index1
Example Sentences
Gathering information about local goods for sale in order to develop a targeted Consumer Price Index (CPI).
Most loans in Iceland are of the type B, price index-linked loans.
Index Social Security benefits to the so-called "chained" consumer price index.
Over the past 12 months, the consumer price index (CPI) has risen a scant 1.4 percent.
The first is “headline” CPI, which is the entire consumer price index—i.e., all goods and services including food and energy.
For the years 1890-94, our price index is an average of the figures for January and July.
Our price index for each year is an average of the twelve monthly figures given by Dun from 1894 to 1916.
First, then, these wage rates should be varied in accordance with the movement of a price index number.
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