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RATIO TO TREND

Statistics Directorate    
Definition:
The trend is eliminated from the series by dividing the original series by the trend to give a ratio-to-trend since the underlying structure of most series used is multiplicative. For series whose underlying structure is additive, a difference-from-trend series is calculated.

Source Publication:
OECD Leading Indicator Website, Glossary, 2001.

Hyperlink:
http://www.oecd.org/std/clits/glossaryforoecdcompositeleadingindicators.htm

Statistical Theme: Short-term economic statistics

Created on Tuesday, September 25, 2001

Last updated on Tuesday, June 11, 2013