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单词 retail price index
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retail price index
retail price index n. (also retail prices index) an index showing the variation in prices of retail goods, typically used as a measure of inflation; cf. consumer price index n. at consumer n. Compounds 1.
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society > trade and finance > monetary value > price > fluctuation in price > [noun] > index of
index1886
price index1886
retail price index1904
index figure1927
All Ords1958
Nikkei1982
1904 Bull. Bureau Labor Sept. 1176 The Bureau has..also established a retail price index for the purpose of ascertaining more accurately the extent of variation from year to year in the cost of living of workingman's families.
1935 J. H. Cover Retail Price Behavior 86 Though it appears that the median may be more satisfactory for a retail price index, the mean is more logical for a cost-of-living index.
1974 Times 28 Feb. 27 (caption) The domestic purchasing power of the pound, as measured by the retail prices index, is now only 40 per cent of what it was in 1952.
2001 I. McLean Rational Choice & Brit. Politics viii. 221 Each utility company was allowed to increase its prices each year by no more than the average increase in the Retail Price Index.
extracted from retailn.1adj.adv.
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