price index

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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.

Origin of price index

1
First recorded in 1885–90

Words Nearby price index

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

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