price level

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Noun1.price level - an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time
index number, indicator, index, indicant - a number or ratio (a value on a scale of measurement) derived from a series of observed facts; can reveal relative changes as a function of time
retail price index - an index of changes in retail prices
producer price index, wholesale price index - an index of changes in wholesale prices
consumer price index, cost-of-living index, CPI - an index of the cost of all goods and services to a typical consumer
References in periodicals archive ?
With regard to the impact of US rock oil at price levels, he said that increased production led to imbalance of the market with the increase in supply, which contributed to the weakness of crude oil prices in previous years and other factors, pointing out that there are expectations of continued increase in rock oil production in the coming months.
In 2016, price levels for consumer goods and services differed widely in the European Union.
Whenever VAT is introduced - or increased in other countries or even decreased - suppliers of the affected products or services make the decision that would influence price levels in the given country.
We contend that the price level elasticity of aggregate demand is a relevant determinant of home and foreign price levels and real income and thus the exchange rate when increases inf the price level are caused by either aggregate demand or aggregate supply shocks.
Because of the presence of unit roots in house price levels, investigation of the house price convergences are based on the existence of consistent gaps or different ratios between regional house prices and a benchmark, such as a national house price or the house price in a dominant region.
The lowest price levels were observed in Poland (61%), Romania (67%), Bulgaria (68%) and Lithuania (77%).
The lowest price levels were observed in Poland (61 per cent), Romania (67 per cent), Bulgaria (68 per cent) and Lithuania (77 per cent).
The report reads: "Ireland comes in at fifth highest for consumer price levels, mostly due to the higher cost of alcohol, tobacco and, to a lesser extent, food in this country.
This week in the domestic UAE market, price levels have been in the range of AED 2,550-2,575/mt ($694-701$7mt) on theoretical basis ex-warehouse.
The rapid rise in housing prices could spike general price levels and pose a danger to financial stability, the Reserve Bank of India (RBI) said today.
In contrast to the standard rational expectations assumption in the new-Keynesian literature, agents in the GSV model update their expectations regularly by estimating, each period, a regression of the price level on past price levels.