Base period price

A Base period price is the average price for an item in a specified time period used as a base for an index, such as 1910-14, 1957-59, 1967, 1977, or 1982. Time series of data are often deflated to a base period price. Such deflated time series are referred to as constant dollar values (versus nominal dollar values).

单词	Base period price
释义	Base period price 英语百科 Base period price A Base period price is the average price for an item in a specified time period used as a base for an index, such as 1910-14, 1957-59, 1967, 1977, or 1982. Time series of data are often deflated to a base period price. Such deflated time series are referred to as constant dollar values (versus nominal dollar values).
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