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French Equivalent: Indices-chaîne

Chain indices are obtained by linking price (or volume) indices for consecutive periods; the short-term movements which are linked are calculated using weighting patterns appropriate to the periods concerned.

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


Source Publication:
SNA 16.41.

Cross References:
Chain index - ISI

Version Indicator: SNA

Statistical Theme: Methodological information (metadata)

Created on Tuesday, September 25, 2001

Last updated on Monday, April 8, 2013