noun
1. or price relative : a price expressed as a percentage of itself in some arbitrarily chosen base period
2. : the weighted average of a group of price indexes used to indicate changes in the level of prices from one period to another
noun
1. or price relative : a price expressed as a percentage of itself in some arbitrarily chosen base period
2. : the weighted average of a group of price indexes used to indicate changes in the level of prices from one period to another
Webster's New International English Dictionary. Новый международный словарь английского языка Webster. 2012