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

Investors may also not be fully confident that the November reading of the consumer price index provides an accurate reading of price pressures in the world’s biggest economy.

From Barron's

The University of Michigan’s consumer sentiment index, at 52.9, was a touch below expectations of 53.4, but Wall Street was still in a jolly mood following yesterday’s cooler-than-expected consumer price index.

From Barron's

New homes sales data are due on Tuesday Dec. 23 and the Case-Shiller home price index on Tuesday Dec. 30.

From The Wall Street Journal

His comments echoed warnings by economists Thursday after a delayed US consumer price index report indicated that inflation slowed to 2.7 percent in November, from 3.0 percent in September.

From Barron's

The core consumer price index -- which excludes volatile fresh food -- came in at three percent in November, the same rate as the previous month and in line with expectations.

From Barron's

Related Words

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