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Producer Prices Index Rebasing (2005=100)
A brief summary on the effects of Rebasing the Producer Price Index onto 2005=100 for the main headline Output and Input indices.
Author: Rob Luckwell
Economic & Labour Market Review, vol 2, no 11, pp 32-35. ISSN: 1751-8334
This article describes the effects of rebasing the producer price index onto a 2005=100 base year and briefly summarises the effects that rebasing has on the main headline output and input series of the producer prices. The article shows the difference in weighting patterns of both the output and input series of producer prices between the new base year (2005=100) and the previous base year (2000=100). The article also shows a graphical comparison of index values of the main headline series as well as giving a background to producer prices.
Published in web format: 13 October 2008 at 9:30 am