Definition: Chain-linking

Category: Producer price indices

Joining together of two indices that overlap in one period by rescaling one of them to make its value equal to that of the other in the same period, thus combining them into single time series.
Source:
ILO, IMF, OECD, UNECE, World Bank, 2004, "Producer Price Index Manual: Theory and Practice", IMF, Washington, Glossary [quoted in Organisation for Economic Co-operation and Development (OECD), "Data and Metadata Reporting and Presentation Handbook", OECD, Paris, 2007]
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