National Accounts   |   Statistics Division

Latest Data Upload: December 2014

Glossary - Definition of 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.
Other References NULL
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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