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indicator vs price index

price index vs indicator

indicator and price index both are nouns.

Word NounAdjectiveVerbAdverb
indicator Yes No No No
price index Yes No No No
As nouns, price index is a hyponym of indicator; that is, price index is a word with a more specific, narrower meaning than indicator:
  • indicator: 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
indicator (noun) price index (noun)
a device for showing the operating condition of some system an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time
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
a signal for attracting attention
(chemistry) a substance that changes color to indicate the presence of some ion or substance; can be used to indicate the completion of a chemical reaction or (in medicine) to test for a particular reaction
Difference between indicator and price index

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