price index

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.

Word History and Origins

Origin of price index¹

First recorded in 1885–90

Example Sentences

The Labor Department will publish the producer price index for September at 8:30 a.m.

Read more on Barron's

The report also includes the personal-consumption expenditures price index—the Fed’s preferred inflation metric—and now is expected to be published Dec. 5.

Read more on The Wall Street Journal

This week, investors will get September retail sales results and the producer price index on Tuesday, from the Census Bureau and BLS, respectively.

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This week, investors will get September retail sales results and the producer price index on Tuesday, from the Census Bureau and BLS, respectively.

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Next week’s limited calendar includes Tuesday’s release of September retail sales and the producer price index, from the Census Bureau and Bureau of Labor Statistics, respectively.

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Related Words

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