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Glossary of the 1993 SNA - Definition of Term

TermLaspeyres volume index
DefinitionA Laspeyres volume index is a weighted arithmetic average of quantity relatives using the values of the earlier period as weights.
Paragraphs16.16.
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 
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