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MONOTONICITY IN QUANTITIES

Statistics Directorate    
Definition:
The property whereby if any current period quantity increases or any base period quantity decreases the implicit quantity index that corresponds to the price index increases.

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

Hyperlink:
http://www.imf.org/external/np/sta/tegppi/index.htm

Statistical Theme: Prices and purchasing power partities

Created on Wednesday, February 19, 2003

Last updated on Friday, July 08, 2005