price index

Popular Terms
Percentage number that shows the extent to which a price (or a 'basket' of prices) has changed over a period (month, quarter, year) as compared with the price(s) in a certain year (base year) taken as a standard. See also consumer price index.

Use 'price index' in a Sentence

After I looked in the price index, I realized that we were not looking at the right price and needed to go further.
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The price index provided a useful too for us to observe any variations in the elements involved in our equation.
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I invested a great deal of money in that stock because it's price index showed such anticipated high growth in value this quarter, when compared to each quarter last year.
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