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
Recent Examples on the Web
However, Ashworth noted rising producer price inflation can impact one key part of the Fed’s favorite inflation gauge: the core personal consumption expenditures (PCE) price index.
—
Will Daniel, Fortune, 14 May 2024
The core personal consumption expenditures (PCE) price index rose 2.8% from a year ago in March.
—Will Daniel, Fortune, 1 May 2024
See all Example Sentences for price index 
Will Daniel, Fortune, 14 May 2024
The core personal consumption expenditures (PCE) price index rose 2.8% from a year ago in March.
—Will Daniel, Fortune, 1 May 2024
See all Example Sentences for price index
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'price index.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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 29 May. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share