GAO Glossary of Terms and Definitions (September 2005)

Chain Price Indexes

(Economics Term)

Index calculated by linking (chaining) of price indexes based on changing weights to create a time series. Chain-type indexes are used in the Bureau of Economic Analysis National Income and Product Accounts (NIPA). (See also Chained Dollars; Real Dollar.)

[Pages 28]

Previous: Cash Accounting

Next: Chained Dollars (Economics Term)