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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
According to the Fed’s preferred inflation gauge — the Personal Consumption Expenditures price index — inflation of goods exposed to tariffs, such as appliances and furniture, has already crept up and could continue to rise in the months ahead. Bryan Mena, CNN Money, 14 Sep. 2025 The producer price index actually fell in August. Tiana Lowe Doescher, The Washington Examiner, 12 Sep. 2025 Home appreciation: Up 624% over 39 years – No. 6 in the nation, according to a federal price index. Jonathan Lansner, Oc Register, 12 Sep. 2025 Yesterday, the Bureau of Labor Statistics shared the latest update to the producer price index (PPI), which often acts as a precursor to wider inflation trends. Eleanor Pringle, Fortune, 11 Sep. 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

Browse Nearby Words

Cite this Entry

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

More from Merriam-Webster on price index

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!