


Definition: 
Specifically, an elementary price index is a price index for an elementary aggregate. As such, it is calculated from individual price observations without using weights. More generally, the term can be used to describe any price index that is calculated without weights.

Context: 
Three examples of elementary index number formulae are the Carli, the Dutot and the Jevons.

Source
Publication: 
ILO, IMF, OECD, Eurostat, UNECE, World Bank, 2004, Producer Price Index Manual: Theory and Practice, International Monetary Fund, Washington DC.

Statistical
Theme: Prices and purchasing power partities 
Created
on Monday, February 17, 2003 
Last
updated on Friday, December 02, 2005 












