price index

American  

noun

1. 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.

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Etymology

Origin of price index

First recorded in 1885–90

Example Sentences

The Bureau of Economic Analysis will finally release the personal consumption expenditures price index for September on Friday after the data was delayed by the government shutdown.

From Barron's

Next week, investors will get a look at the Federal Reserve’s preferred inflation gauge, the personal-consumption expenditures price index.

From The Wall Street Journal

In addition, the September producer price index—released belatedly on Tuesday after the government reopened—showed inflation roughly in line with expectations.

From Barron's

The results of the September retail sales report and producer price index were a mixed bag and won’t provide much clarity.

From Barron's

In the producer price index report, goods costs rose 0.9 percent in September on the back of energy and food prices.

From Barron's

Related Words

• consumer price index
• retail price index
• wholesale price index