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Concept selected: Reference period of the base index or period

Definition

Period for which the average for indices equals 100, in the HPI, in the year 2007 (2007=100).

With the calculation formula used for the HPI (linked Laspeyres) the reference period of the prices varies each year, and is the last quarter of the year immediately prior to the year considered.

Source

Prices Indices

Topic

Statistical operations

(enlaces al Inventario de Operaciones Estadísticas)

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