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Definition: Class-confined seasonal weights index
Category: EU legislation
Means a price index using weightings that within the same year: - do not differ between months for any COICOP/HICP subdivision taken as a whole, - do not differ between months for products within any COICOP/HICP subdivision that does not contain any seasonal product, - within the in-season period do not differ between months for products within any COICOP/HICP subdivision that contains seasonal products, except to the extent that it is necessary to allow for month-on-month changes in the composition of the basket. http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2009:103:0006:0009:EN:PDF
Source:
European Union, Commission Regulation (EC) No 330/2009 of 22 April 2009 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards minimum standards for the treatment of seasonal products in the Harmonised Indices of Consumer Prices (HICP)
European Union, Commission Regulation (EC) No 330/2009 of 22 April 2009 laying down detailed rules for the implementation of Council Regulation (EC) No 2494/95 as regards minimum standards for the treatment of seasonal products in the Harmonised Indices of Consumer Prices (HICP)
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