NOUN | communication | price level, price index | an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time |
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Meaning | An index that traces the relative changes in the price of an individual good (or a market basket of goods) over time. | |
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Synonym | price index | |
Narrower | consumer price index, CPI, cost-of-living index | An index of the cost of all goods and services to a typical consumer |
producer price index, wholesale price index | An index of changes in wholesale prices | |
retail price index | An index of changes in retail prices | |
Broader | index, index number, indicant, indicator | A number or ratio (a value on a scale of measurement) derived from a series of observed facts |
Spanish | índice de precios | |
Catalan | índex de preus |
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