TOP

Definition of price index noun from the Oxford Advanced Learner's Dictionary

price index

noun
 
/ˈpraɪs ɪndeks/
 
/ˈpraɪs ɪndeks/
(also retail price index, RPI)
[singular]
jump to other results
  1. (in the UK) a list of the prices of some ordinary goods and services which shows how much these prices change each month
See price index in the Oxford Advanced American Dictionary
Check pronunciation: price index

Nearby words

ripple effect
noun
 
 
From the Topic
Change, cause and effect
C2
Oxford Learner's Dictionaries Word of the Day