price index vs indicator

indicator vs price index

price index and indicator both are nouns.

Word	Noun	Adjective	Verb	Adverb
price index	Yes	No	No	No
indicator	Yes	No	No	No

As nouns, indicator is a hypernym of price index; that is, indicator is a word with a broader meaning than price index:

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: 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

Other hypernyms of price index include index, index number, indicant.

price index (noun)	indicator (noun)
an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time	a device for showing the operating condition of some system
	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 price index and indicator

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