


French
Equivalent: Indiceschaîne 
Definition: 
Chain indices are obtained by linking price (or volume) indices for consecutive periods; the shortterm movements which are linked are calculated using weighting patterns appropriate to the periods concerned.

Context: 
An index number series for a given aggregate spanning a long sequence of periods obtained by linking index numbers spanning shorter sequences of periods, each with their own weights. The linking may be made as frequently as the weights change and the data permit, or at specified intervals, such as every 5 or 10 periods. In the limit, the weights may be changed each period, each link in the chain consisting of an index comparing each period with the previous period.
ILO, IMF, OECD, Eurostat, UNECE, World Bank, 2004, Producer Price Index Manual: Theory and Practice, International Monetary Fund, Washington DC
http://www.imf.org/external/np/sta/tegppi/index.htm.

Source
Publication: 
SNA 16.41.

Statistical
Theme: Methodological information (metadata) 
Created
on Tuesday, September 25, 2001 
Last
updated on Monday, April 8, 2013 












