Volume index
Encyclopedia
A volume index is a numerical time series measure designed to help compare how the production of some class of goods and/or services, taken as a whole, differs between time periods or geographical locations. Compare price index
.
See also: Price index
, Gross domestic product
Price index
A price index is a normalized average of prices for a given class of goods or services in a given region, during a given interval of time...
.
See also: Price index
Price index
A price index is a normalized average of prices for a given class of goods or services in a given region, during a given interval of time...
, Gross domestic product
Gross domestic product
Gross domestic product refers to the market value of all final goods and services produced within a country in a given period. GDP per capita is often considered an indicator of a country's standard of living....