price index number
1Index number — An index number is an economic data figure reflecting price or quantity compared with a standard or base value.citation | first=W. E. | last=Diewert | contribution=Index Numbers | editor last = Eatwell | editor first = John | editor link=John… …
2price index — an index of the changes in the prices of goods and services, based on the prices of the same goods and services at a period arbitrarily selected as a base, usually expressed as 100. [1885 90] * * * Measure of change in a set of prices, consisting …
3Price index — A price index (plural: “price indices” or “price indexes”) is a normalized average (typically a weighted average) of prices for a given class of goods or services in a given region, during a given interval of time. It is a statistic designed to… …
4index number — noun 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 time • Syn: ↑index, ↑indicant, ↑indicator • Hypernyms: ↑fact • Hyponyms: ↑ …
5price index — noun an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time • Syn: ↑price level • Hypernyms: ↑index, ↑index number, ↑indicant, ↑indicator • Hyponyms: ↑ …
6index number — A number used to represent the changes in a set of values between a base year and the present. If the index reflects fluctuations in a single variable, such as the price of a commodity, the index number can be calculated using the formula: 100… …
7index number — UK / US noun [countable] Word forms index number : singular index number plural index numbers economics a number that shows the change in the level of something such as a price or unemployment, compared with an earlier time …
8price index — noun Date: 1886 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… …
9index number — noun Date: 1875 a number used to indicate change in magnitude (as of cost or price) as compared with the magnitude at some specified time usually taken as 100 …
10index number — /ˈɪndɛks nʌmbə/ (say indeks numbuh) noun a number indicating change in magnitude, as of price, wage, employment, or production shifts, relative to the magnitude at some specified point usually taken to be 100 …
