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
Recent Examples on the Web
An economy on solid ground The PCE price index is part of the Commerce Department’s monthly Personal Income and Outlays report, which includes comprehensive data on how Americans earn, spend and save.
—
Alicia Wallace, CNN, 31 Oct. 2024
In the 12 months through September, the PCE price index increased 2.1%.
—Lucia Mutikani, USA TODAY, 31 Oct. 2024
And inflation continues to cool, as the Personal Consumption Expenditures (PCE) price index — the Fed’s preferred inflation gauge — showed a 2.1% year-over-year increase for September, down from 2.3% in August, according to data released Thursday.
—Vinamrata Chaturvedi, Quartz, 31 Oct. 2024
In the final inflation update before next week’s presidential election, the Commerce Department found that the personal consumption expenditures price index, which measures how much more Americans spent this September than in September 2023, was 2.1%.
—Danielle Chemtob, Forbes, 1 Nov. 2024
See all Example Sentences for price index 
These examples are automatically compiled from online sources to
illustrate current usage. Opinions expressed in the examples do not represent those of
Merriam-Webster or its editors.
Send us feedback
about these examples.
Alicia Wallace, CNN, 31 Oct. 2024
In the 12 months through September, the PCE price index increased 2.1%.
—Lucia Mutikani, USA TODAY, 31 Oct. 2024
And inflation continues to cool, as the Personal Consumption Expenditures (PCE) price index — the Fed’s preferred inflation gauge — showed a 2.1% year-over-year increase for September, down from 2.3% in August, according to data released Thursday.
—Vinamrata Chaturvedi, Quartz, 31 Oct. 2024
In the final inflation update before next week’s presidential election, the Commerce Department found that the personal consumption expenditures price index, which measures how much more Americans spent this September than in September 2023, was 2.1%.
—Danielle Chemtob, Forbes, 1 Nov. 2024
See all Example Sentences for price index
Dictionary Entries Near price index
Cite this Entry
“Price index.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20index. Accessed 18 Nov. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share