commodity price index

Definition of "commodity price index"
  1. An average of selected commodity prices that provides insights into the overall market or a specific subset, like grains or livestock
How to use "commodity price index" in a sentence
  1. Fluctuations in the commodity price index impact the cost of goods.
  2. To understand the market trend for livestock, analysts often study the commodity price index.
  3. A surge in the commodity price index indicated an increase in grain prices.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z