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Glossary of the 1993 SNA - Definition of Term

TermQuantity index
DefinitionA quantity index is built up from information on quantities such as the number or total weight of goods or the number of services; the quantity index has no meaning from an economic point of view if it involves adding quantities that are not commensurate, although it is often used as a proxy for a volume 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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