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Term of the Day
BusinessDictionary.com
price index
Definition
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
.
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Nearby Terms
price escalation
price fixing
price floor
price gouging
price hike
price immunization
price index
price inelastic
price leader
price level adjusted mortgage (PLAM)
price level targeting
price limit order
price lining
Popular 'Economics, Politics, & Society' Terms
immediate family
dislocated worker
business
globalization
marginal benefit
revenue
product
elasticity of demand
economic system
external environment
Related Terms
inflation accounting
price level adjusted mortgage (PLAM)
inflation-indexed bond
price protection
Mentioned in these terms
S&P/Case-Shiller U.S. National Home Price Index
capital goods price index (CGPI)
share price index
product price index (PPI)
Consumer Price Index for all Urban Consumers (CPI-U)
Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W)
specific price index
producer price index (PPI)
house price index (HPI)
retail price index (RPI)
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