Term:
Implicit price index based on constant exchange rates (or constant international prices) of period t
Definition:
The implicit price index based on constant exchange rates (or constant international prices) of period t is an aggregate price index derived as the ratio of a value index at constant exchange rates (or constant international prices) of period t-1 over a v
Domain:
Economics & National Accounts
Source:
Statistical Series for the Euro Area - Conclusions and Recommendations of the OECD ASTF Euro Subgroup, 15 May 2001
