Definition: Peak

Category: OECD - Business tendency surveys

An observation in an ordered series is said to be a "peak" if its value is greater than the value of its two neighbouring observations. http://ec.europa.eu/eurostat/ramon/statmanuals/files/OECD_Business_Tendency_Surveys_Handbook_EN.pdf
Source:
Organization for Economic Cooperation and Development (OECD), "Business Tendency Surveys - A Handbook", OECD, Paris, 2003
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