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FIXED-WEIGHTED PRICE INDEX

Statistics Directorate    
Definition:
Also known as "Laspeyres" indexes, these are price indexes where a fixed pattern of expenditure from some base period is used to aggregate the detailed price indexes in each period.

Source Publication:
Chain Fisher Volume Index, Glossary - Statistics Canada + www2.stats.govt.nz.

Hyperlink:
http://www2.stats.govt.nz/domino/external/omni/omni.nsf/23f076d733ded7e74c256570001d92b4/3466e10ff4f92036cc256f390072ad85?OpenDocument

Statistical Theme: Prices and purchasing power partities

Created on Tuesday, August 13, 2002

Last updated on Thursday, June 13, 2013