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wholesale price index

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia, Hutchinson 0.09 sec.
wholesale price index
A largely outdated reference to the producer price index.
wholesale price index
An index tracking the price of goods bought and sold in bulk before they reach the retail level. A wholesale price index usually tracks changes in these prices on a monthly basis. A large change in wholesale prices can lead to a change in retail prices, which affects consumers most directly. As a result, a few countries use the wholesale price index as a measure of inflation, but most do not. See also: Producer price index.


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