Statistics
Sixth year / 12th Grade
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Summary
Laspeyers Price index
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---0September 20242024/2025
- The Laspeyres price index is a price index formula used to measure the price changes of a basket of goods and services over time. It's calculated by comparing the price of a basket of goods and services in the current period to the price of the same basket in a base period. The Laspeyres price index is one of the most commonly used price indices.
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