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
Example Sentences
Recent Examples on the Web The most recent Standard & Poor Case-Shiller home price index had prices up 18 percent annually in June, down from 19.9 percent the previous month. 
Kathy Orton, Anchorage Daily News, 15 Sep. 2022 The reasons for higher rural inflation in India Consumer price index (CPI)-based inflation measures the movement in prices of food and beverage, clothing and footwear, housing, fuel and light, pan, tobacco and toxicants, and miscellaneous. Mimansa Verma, Quartz, 14 Sep. 2022 Called PriceStats, the price index—which is managed by State Street Global Markets and generally tracks the CPI—fell in August. Jon Hilsenrath, WSJ, 11 Sep. 2022 Excluding food and energy, the price index was up 0.1% in the month. Reade Pickert, Fortune, 26 Aug. 2022 The Department of Agriculture's price index for chicken wings is now at levels not seen since 2018, with the average wholesale price of a pound of wings falling to about $1.68 in July, and trending even lower for August. Rob Wile, NBC News, 17 Aug. 2022 According to the Bureau of Labor Statistics, the gas-price index fell 7.7% in July, which helped offset price increases in core items such as food. Sara Edwards, USA TODAY, 15 Aug. 2022 Below is a chart from the U.S. Federal Housing Finance Agency, which shows the growth of the housing price index from 1975 until Q1 2022. Q.ai - Powering A Personal Wealth Movement, Forbes, 11 Aug. 2022 Restaurants have been hit hard by inflation—the price of food, particularly meat, has risen more than the over-all consumer-price index—and barbecue restaurants are among the hardest hit of all. Rachel Monroe, The New Yorker, 19 July 2022 See More
Kathy Orton, Anchorage Daily News, 15 Sep. 2022 The reasons for higher rural inflation in India Consumer price index (CPI)-based inflation measures the movement in prices of food and beverage, clothing and footwear, housing, fuel and light, pan, tobacco and toxicants, and miscellaneous. Mimansa Verma, Quartz, 14 Sep. 2022 Called PriceStats, the price index—which is managed by State Street Global Markets and generally tracks the CPI—fell in August. Jon Hilsenrath, WSJ, 11 Sep. 2022 Excluding food and energy, the price index was up 0.1% in the month. Reade Pickert, Fortune, 26 Aug. 2022 The Department of Agriculture's price index for chicken wings is now at levels not seen since 2018, with the average wholesale price of a pound of wings falling to about $1.68 in July, and trending even lower for August. Rob Wile, NBC News, 17 Aug. 2022 According to the Bureau of Labor Statistics, the gas-price index fell 7.7% in July, which helped offset price increases in core items such as food. Sara Edwards, USA TODAY, 15 Aug. 2022 Below is a chart from the U.S. Federal Housing Finance Agency, which shows the growth of the housing price index from 1975 until Q1 2022. Q.ai - Powering A Personal Wealth Movement, Forbes, 11 Aug. 2022 Restaurants have been hit hard by inflation—the price of food, particularly meat, has risen more than the over-all consumer-price index—and barbecue restaurants are among the hardest hit of all. Rachel Monroe, The New Yorker, 19 July 2022 See More Word History
First Known Use
1886, in the meaning defined above