Laspeyres-type index
Defined in Article 2, Regulation (EU) 2016/792
Definitions over time (1)
-
For the purposes of this Regulation, the following definitions apply:
$$p^{0,t} = \sum \frac{p^{t}}{p^{0}} \cdot \mathrm{w}^{0,\mathrm{b}}$$ ‘Laspeyres-type index’ means the price index that measures the average change in prices from the price reference period to a comparison period using expenditure shares from a period prior to the price reference period, and where the expenditure shares are adjusted to reflect the prices of the price reference period. A ‘Laspeyres-type index’ is defined as: The price of a product is denoted by p, the price reference period is denoted by 0, and the comparison period is denoted by t. Weights (w) are expenditure shares of a period (b) prior to the price reference period, and are adjusted to reflect the prices of the price reference period 0;
Earlier definition records in this act (1)
Open an entry to see its definitions, dates and uses. Separate scopes and histories are kept intact.
- Article 2(14) Historical · definitions end 09/01/2025