Super Glossary

Price Index

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Price Index: Current price expressed as a proportion to the same price in an earlier time period, commonly called the base period. Monthly price indexes computed by the National Agricultural Statistics Service are the index of prices received by farmers and the index of prices paid by farmers for commodities and services, interest, taxes, and farm wage rates. The ratio of these two indexes is referred to as the parity ratio.

Related Words

Consumer Price Index (CPI): The consumer price index (CPI) is compiled monthly by the US Bureau of Labor Statistics and is a gauge of inflation that measures changes in the prices of basic goods and services. Some of t . . . View Full Definition

Indexing: Bond whose payments are linked to an index, e.g., the consumer price index.

Price Range: The interval between the high and low prices over which a stock has traded over a particular period of time.

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