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price index
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    Also found in: Financial, Encyclopedia, Wikipedia 0.03 sec.

price index

A way of measuring changes in the general level of retail and wholesale prices using index numbers.



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? Mentioned in ? References in periodicals archive
 
Economic theory suggests that the preferred measure of quantity change is a geometric average of a Laspeyres index and a Paasche index.
Industrial production and capacity utilization: historical revision ... by Raddock, Richard / Federal Reserve Bulletin
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