Price-index Definition

noun
A number relating prices of a group of commodities to their prices during an arbitrarily chosen base period.
American Heritage
Webster's New World
(economics) A statistical estimate of the level of prices of some class of goods or services.
Wiktionary
Synonyms:
price-level

Other Word Forms of Price-index

Noun

Singular:
price-index
Plural:
price-indices, price indexes
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price-index