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
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The Personal Consumption Expenditures price index, the Fed’s favorite inflation gauge, slowed to 2.6% for the 12 months ended in May from the prior month.
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Krystal Hur, CNN, 1 July 2024
Economists expect no change in the May personal consumption expenditures price index and a minimal 0.1% gain in the core measure that excludes food and energy, based on median projections in a Bloomberg survey of economists.
—Craig Stirling, Fortune, 23 June 2024
That means Friday's personal consumption expenditures price index inflation report will show a faster-than-expected acceleration in prices for March.
—Paul Davidson, USA TODAY, 25 Apr. 2024
His discussion of his Figure 2, on commodity prices, ignores the rise in the commodity price index since the year 2000, which may herald a permanent shift in the trend.
—Frances Beinecke, Foreign Affairs, 1 Sep. 2012
See all Example Sentences for price index 
Krystal Hur, CNN, 1 July 2024
Economists expect no change in the May personal consumption expenditures price index and a minimal 0.1% gain in the core measure that excludes food and energy, based on median projections in a Bloomberg survey of economists.
—Craig Stirling, Fortune, 23 June 2024
That means Friday's personal consumption expenditures price index inflation report will show a faster-than-expected acceleration in prices for March.
—Paul Davidson, USA TODAY, 25 Apr. 2024
His discussion of his Figure 2, on commodity prices, ignores the rise in the commodity price index since the year 2000, which may herald a permanent shift in the trend.
—Frances Beinecke, Foreign Affairs, 1 Sep. 2012
See all Example Sentences for price index
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“Price index.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20index. Accessed 15 Jul. 2024.
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