Definition: Volume index

Category: Memobust Glossary

Result of a formula in which volume changes of various goods and services are weighed together in order get an index for the aggregate. https://ec.europa.eu/eurostat/cros/content/memobust-glossary-pdf-file_en
Source:
Eurostat, "Memobust Glossary" (part of the Memobust Handbook on Methodology of Modern Business Statistics), ESSnet "Memobust", March 2014
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