Definition of price index Price index
We found 2 definitions of price index from 2 different sources.
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What does price index mean?
WordNet
Noun |
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| price index - an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time | ||
| price level | ||
| index number, indicant, indicator, index a device for showing the operating condition of some system | ||
| retail price index an index of changes in retail prices | ||
| producer price index, wholesale price index an index of changes in wholesale prices | ||
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Wiktionary 
- price index (Noun)
A statistical estimate of the level of prices of some class of goods or services.
