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price index

noun
1.
an index of the changes in the prices of goods and services, based on the prices of the same goods and services at a period arbitrarily selected as a base, usually expressed as 100.
Origin
1885-1890
1885-90
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for price index
  • So it is particularly instructive to look this week at our own commodity price index.
  • The search giant is working on its own price index based on online shopping.
  • We've adjusted all figures for inflation, using the consumer price index.
  • Tuition even outpaced a special price index deployed by colleges to help defend themselves against mounting criticism.

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Word Value for price

9
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