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.

---

Etymology

Origin of price index

First recorded in 1885–90

Example Sentences

The Federal Reserve Bank of Cleveland estimates External link that the consumer price index will measure 3.3% year over year in March, up from 2.4% in February.

From Barron's

The S&P Case-Shiller home price index is due at 9 a.m., with job openings and consumer confidence at 10 a.m.

From MarketWatch

A closely watched home price index will release its first reading for 2026 on Tuesday.

From Barron's

Other data in the coming week include the Case-Shiller house price index for January on Tuesday, then retail sales and trade data for February on Wednesday.

From The Wall Street Journal

Rising inflation as measured by the personal-consumption expenditures price index, the Fed’s preferred gauge, has been “hard to ignore” and “suggests our progress on inflation may be at risk of stalling,” Barkin said.

From The Wall Street Journal

Related Words

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