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index number vs price index

price index vs index number

index number and price index both are nouns.

Word NounAdjectiveVerbAdverb
index number Yes No No No
price index Yes No No No
As nouns, price index is a hyponym of index number; that is, price index is a word with a more specific, narrower meaning than index number:
  • index number: 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
  • price index: an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time
index number (noun) price index (noun)
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 an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time
Difference between index number and price index

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