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price index is a measurement that shows how prices of goods and services change over time. It is used to track the average change in prices of a basket of goods and services in a specific market or economy. It helps in understanding inflation or deflation trends and comparing the cost of living between different time periods.
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«price»
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- The indices were adjusted for inflation using the consumer price index for all urban consumers and for all items less shelter, also obtained from the portal. (buildzoom.com)
- Another chart, meanwhile, compares home price indexes for select parts of the region relative to the national home price peak in 2006. (newyorkfed.org)
- Home price indexes for 38 states ended 2011 above their early - year lows. (kiplinger.com)
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