price index


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price index

[′prīs ‚in‚deks]
(statistics)
A statistic used primarily in economics to indicate an average level of prices in a time series; combines several series of price data into one index.
References in periodicals archive ?
The FAO Food Price Index averaged nearly 171 points in March, marking a 2.
Corn Belt in the summer of 2012, sending the price index for exported corn to the highest recorded level since BLS began measuring monthly export prices.
The Dubai Chamber will become the second institution in the emirate after the Dubai Statistics Centre to issue the consumer price index.
Copeland's approach to constructing the software component of the cost-of-living price index explicitly accounts for consumer heterogeneity.
Taxpayers electing the IPIC method can now use 100% of the pool index--now called the inventory price index (IPI)--to compute the LIFO value of a dollar-value pool.
Meanwhile, the Consumer Price Index for Southern California, which includes Los Angeles, Orange, Riverside, San Bernardino and Ventura counties, now stands at 169.
This nominal price rise was less than the inflation rate, and so the real price index declined (-1.
The consumer price index plays a central role in many aspects of private and public decisionmaking: The CPI is the key price measure for indexation of federal spending and tax programs, and many contracts m the private sector are linked to the CPI.
The four main transactions that comprise the 1996 Manhattan Land Price Index involve three separate sites in Midtown: an assemblage by The Durst Organization in the Times Square district; a full square block at 383 Madison Avenue in the Grand Central district; and the Heron II site at 5065 East 55th Street.
From January 1984 through December 1989, the Bureau of Labor Statistics (BLS) price index for prescription pharmaceutical preparations grew at an annual rate of 9.
Futures are slightly higher this morning, as investors await the release of the Producer Price Index (PPI).