Term
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| Description |
Laspeyres's index of total value-added in all industrial production, where value added is the value of output less the values of both intermediate consumption and consumption of fixed capital. (United Nations, Series P) See also industry and Laspeyres's index. |
| Source |
United Nations (Series P). Industrial Commodity Statistics Yearbook. Statistics Division, Series P (United Nations sales publication, annual). |
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