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price index

/ˈpraɪs ˌɪndeks/

1 entry

phrase

/ˈpraɪs ˌɪndeks/C1formalbusiness
  • ruЭкономический показатель, отслеживающий среднее изменение цен на корзину товаров и услуг с течением времени, используемый для оценки инфляции или стоимости жизни.

An economic measure that tracks the average change in prices of a basket of goods and services over time, used to gauge inflation or cost of living.

  1. Economic indicatorB2formal

    A statistical measure that tracks changes in the price level of a basket of goods and services over time.

    ruЭкономический показатель

    • The consumer price index rose by 2% this quarter.
    • Economists use the price index to measure inflation.
    • The government released the latest price index data today.