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price level vs retail price index

retail price index vs price level

price level and retail price index both are nouns.

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

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