Price index/Definition: Difference between revisions

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Normalized average (typically a weighted average) of prices for a given class of goods or services in a given region, during a given interval of time.
Normalised average (typically a weighted average) of prices for a given class of goods or services in a given region, during a given interval of time.

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A definition or brief description of Price index.

Normalised average (typically a weighted average) of prices for a given class of goods or services in a given region, during a given interval of time.