Chained Index
A chained index is an index with its value in any given period compared to its value in the preceding period. Such indexes, for example, are used in BEA National Income and Product Accounts (NIPA).
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A chained index is an index with its value in any given period compared to its value in the preceding period. Such indexes, for example, are used in BEA National Income and Product Accounts (NIPA).