Encyclopedia

Price Index


A price index is a relative indicator expressed in coefficients or percentages, characterizing changes in prices over time or in space

Source: Order of the State Statistics Committee of Russia dated March 25, 2002 No. 23 "On Approval of the 'Basic Provisions on the Procedure for Monitoring Consumer Prices and Tariffs on Goods and Paid Services Provided to the Population and Determination of the Consumer Price Index'"

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