They're both deflated by the Consumer Price Index or, in the case of the UK, the Retail Price Index to give us a real home price.

两地指数均扣除了消费者价格指数,谈到伦敦房价,零售物价指数能够反映实际房价

耶鲁公开课 - 金融市场课程节选

To my surprise, nobody had before created a hundred-year long home price index, which seems surprising to me because the long history of home prices seems like a relevant fact; we want to know what markets do.

让我惊讶的是,此前居然没有人建立百年房屋价格指数,这点让我很惊讶,因为长期的历史房屋价格,看起来似乎是有关联的,我们很想知道市场的动向

耶鲁公开课 - 金融市场课程节选

It says the price index contained this amount of beef, this amount of sheep wool, this amount of sole leather, and this amount of corn; that was the first consumer price index ever used for financial contracts.

指数中包括这些数量的牛肉,这些数量的羊毛,这些数量的鞋底皮,这些数量的玉米,这是在金融合约里出现的,第一个消费者物价指数

耶鲁公开课 - 金融市场课程节选

Now there was inflation with regard to a basket of the Consumer Price Index is not just the price of gold; it's the price of many things but the there would be inflation or deflation as the relative price of gold changed.

现在，就一组物品来说，是存在通货膨胀的,消费者价格指数并不仅仅是金子的价格；,它是很多东西的价格，但是,当金子的相对价格变化时,通货膨胀或通货紧缩就会发生。

耶鲁公开课 - 金融市场课程节选