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Latest Data Upload: December 2012
Glossary - Definition of Term
Term
Base year weights
Definition
The base period is generally understood to be the period with which other periods are compared and whose values provide the weights for a price index.
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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