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IMPLICIT PRICE INDEX BASED ON CONSTANT EXCHANGE RATES (OR CONSTANT INTERNATIONAL PRICES) OF PERIOD T

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Definition:
The implicit price index based on constant exchange rates (or constant international prices) of period t is an aggregate price index derived as the ratio of a value index at constant exchange rates (or constant international prices) of period t-1 over a volume index at constant exchange rates (or constant international prices) of period t-1.

Source Publication:
Statistical Series for the Euro Area - Conclusions and Recommendations of the OECD ASTF Euro Subgroup, 15 May 2001.

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Tuesday, November 13, 2001