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  1. price index love

Definitions

American Heritage® Dictionary of the English Language, Fourth Edition

  1. n. A number relating prices of a group of commodities to their prices during an arbitrarily chosen base period.

Wiktionary

  1. n. economics A statistical estimate of the level of prices of some class of goods or services.

WordNet 3.0

  1. n. an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time

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