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
On a monthly basis, the core PCE price index that strips out the more volatile food and energy categories, rose 0.3%.
—
John Towfighi, CNN, 9 Apr. 2024
Weak Retail Sales After being touched up by a producer price index jab, the economy was hit with a serious right cross from a weaker-than-expected retail sales report.
—Will Daniel, Fortune, 14 Mar. 2024
Data released last week confirmed that January inflation was hotter than it was meant to be at this stage, according to the Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index.
—Cale Clingenpeel, National Review, 5 Mar. 2024
Additionally, the producer price index, which gauges wholesale inflation, rose to 1%, from 0.8% the month before.
—Zachary Halaschak, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 30 Jan. 2024
Inflation measured by the Fed’s preferred gauge, the Personal Consumption Expenditures price index, is a percentage point lower than CPI.
—Elisabeth Buchwald, CNN, 10 Apr. 2024
Home prices rose 6 percent in January from the same month a year ago, according to the Case-Shiller home price index, and many potential buyers worry that prices will continue to soar, hampering their ability to afford a home later.
—Gregory Schmidt, New York Times, 6 Apr. 2024
Investors were encouraged to hear that the Personal Consumption Expenditures (PCE) price index grew only 0.3% in recent weeks, suggesting the Fed might cut rates in the coming months.
—Vinamrata Chaturvedi, Quartz, 1 Apr. 2024
The Federal Reserve's preferred measure of inflation, the Personal Consumption Expenditure price index, fell as expected in January, allaying fears of a fresh acceleration.
—Detroit Free Press, 2 Mar. 2024
John Towfighi, CNN, 9 Apr. 2024
Weak Retail Sales After being touched up by a producer price index jab, the economy was hit with a serious right cross from a weaker-than-expected retail sales report.
—Will Daniel, Fortune, 14 Mar. 2024
Data released last week confirmed that January inflation was hotter than it was meant to be at this stage, according to the Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index.
—Cale Clingenpeel, National Review, 5 Mar. 2024
Additionally, the producer price index, which gauges wholesale inflation, rose to 1%, from 0.8% the month before.
—Zachary Halaschak, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 30 Jan. 2024
Inflation measured by the Fed’s preferred gauge, the Personal Consumption Expenditures price index, is a percentage point lower than CPI.
—Elisabeth Buchwald, CNN, 10 Apr. 2024
Home prices rose 6 percent in January from the same month a year ago, according to the Case-Shiller home price index, and many potential buyers worry that prices will continue to soar, hampering their ability to afford a home later.
—Gregory Schmidt, New York Times, 6 Apr. 2024
Investors were encouraged to hear that the Personal Consumption Expenditures (PCE) price index grew only 0.3% in recent weeks, suggesting the Fed might cut rates in the coming months.
—Vinamrata Chaturvedi, Quartz, 1 Apr. 2024
The Federal Reserve's preferred measure of inflation, the Personal Consumption Expenditure price index, fell as expected in January, allaying fears of a fresh acceleration.
—Detroit Free Press, 2 Mar. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'price index.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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 28 Apr. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share