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
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So far, higher tariffs haven’t shown up much in economy-wide price indexes. John Cassidy, New Yorker, 14 July 2025 The consumer price index will come out on Tuesday and the producer price index is due on Wednesday, offering fresh clues as to how much tariffs are impacting inflation. Sydney Lake, Fortune, 13 July 2025 How much more expensive will back to school shopping be in 2025? Pencils, pens and backpacks are all outpacing the overall producer price index. Jessica Dickler, CNBC, 11 July 2025 The Personal Consumption Expenditures price index was 2.3% for the 12 months ended in May, versus 2.2% in April. Alicia Wallace, CNN Money, 27 June 2025 See All Example Sentences for price index

Word History

First Known Use

1886, in the meaning defined above

Time Traveler
The first known use of price index was in 1886

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Cite this Entry

“Price index.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20index. Accessed 21 Jul. 2025.

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