price index
Noun
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An index that traces the relative changes in the price of an individual good (or a market basket of goods) over time (synset 106653830)
is a type of: index, index number, indicant, indicator - a number or ratio (a value on a scale of measurement) derived from a series of observed facts; can reveal relative changes as a function of timesubtypes:
- retail price index - an index of changes in retail prices
- producer price index, wholesale price index - an index of changes in wholesale prices
- consumer price index, cost-of-living index, cpi - an index of the cost of all goods and services to a typical consumer
same as: price level
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