释义 |
wholesale price index
wholesale price index n (Banking & Finance) an indicator of price changes in the wholesale market ThesaurusNoun | 1. | wholesale price index - an index of changes in wholesale pricesproducer price indexprice index, price level - an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time | Translationswholesale price index
Producer Price IndexAn index tracking the price of goods bought and sold in bulk before they reach the retail level. The producer price index usually tracks changes in these prices on a monthly basis. A large change in producer prices can lead to a change in retail prices, which affects consumers most directly. As a result, a few countries use the producer price index as a measure of inflation, but most do not. A dramatic increase in producer prices, however, may be seen as an early indicator of inflation. It is also called the wholesale price index.wholesale price index A largely outdated reference to the producer price index.See WPI See WPIwholesale price index Related to wholesale price index: consumer price indexSynonyms for wholesale price indexnoun an index of changes in wholesale pricesSynonymsRelated Words |