Definitions for price index
price index

Princeton's WordNetRate this definition:0.0 / 0 votes

1. price index, price levelnoun

   an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time

WiktionaryRate this definition:0.0 / 0 votes

1. price indexnoun

   A statistical estimate of the level of prices of some class of goods or services.

WikipediaRate this definition:0.0 / 0 votes

1. Price index

   A price index (plural: "price indices" or "price indexes") is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a given region, during a given interval of time. It is a statistic designed to help to compare how these price relatives, taken as a whole, differ between time periods or geographical locations. Price indices have several potential uses. For particularly broad indices, the index can be said to measure the economy's general price level or a cost of living. More narrow price indices can help producers with business plans and pricing. Sometimes, they can be useful in helping to guide investment.

ChatGPTRate this definition:0.0 / 0 votes

1. price index

   A price index is a statistical measurement that indicates the relative changes in the average price of a specific basket of goods and services over a period of time. It is used to measure price level changes, inflation rates, cost of living, and economic stability. The well-known price indexes include the Consumer Price Index (CPI), Producer Price Index (PPI), and GDP deflator.

WikidataRate this definition:0.0 / 0 votes

1. Price index

   A price index is a normalized average of prices for a given class of goods or services in a given region, during a given interval of time. It is a statistic designed to help to compare how these prices, taken as a whole, differ between time periods or geographical locations. Price indexes have several potential uses. For particularly broad indices, the index can be said to measure the economy's price level or a cost of living. More narrow price indices can help producers with business plans and pricing. Sometimes, they can be useful in helping to guide investment. Some notable price indices include: ⁕Consumer price index ⁕Producer price index ⁕GDP deflator

Matched Categories

1. • Index

How to pronounce price index?

1. Alex

   US English

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How to say price index in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of price index in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of price index in Pythagorean Numerology is: 8

Examples of price index in a Sentence

1. George Ratiu:

   Investors have their eyes on the Consumer Price Index, expecting to see continued gains but at a moderating pace.

2. Aneesh Srivastava:

   Falls in commodity prices have brought down WPI, CPI (consumer price index) alike.

3. Masazumi Wakatabe:

   It’s crucial to avoid tightening easy monetary conditions prematurely by looking just at near-term moves in the core consumer price index.

4. Randy Frederick:

   CPI is the big inflation report that affects markets more than any other, the Fed pays more attention to PCE [the Personal Consumption Expenditures Price Index], but consumers and investors pay a lot of attention to the CPI. It tends to be the one that moves markets most by far.

5. Federal Reserve:

   The Consumer Price Index's our job to make sure that inflation of that unpleasant high nature doesn't get entrenched in the economy.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=price index
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Price_Index
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Price_Index
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=price index